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Jomar
Jomar is managing a bakeshop where he sells hot “pandesal” (a soft bread famous in the Philippines, suitable for breakfast). Aside from selling bread, he also sells balut ( a fertilized duck egg with a nearly-developed embryo inside that is boiled and eaten in the shell. It is commonly sold as street food in the Philippines at night). Through his simple businesses, he is able to provide for the needs of his family. With his dream to make his business grow, he would like to borrow from Kiva lenders the amount of PHP 5,000.



He is working hard so he can help his parents and provide a better standard of living for his own family. He is married to Joverlyn and a loving father to his child Gian Carlo.

Additional Information

About Alalay sa Kaunlaran, Inc.

This loan is made possible by Alalay sa Kaunlaran, Inc. (ASKI), which means “a partner in development.” ASKI has been in operation for 25 years and runs multiple successful initiatives in addition to microlending. Its main microfinance branch focuses on lending to microentrepreneurs, small farmers, and fisher folk. ASKI also provides microinsurance and marketing support for borrowers, as well as educational programs to develop the skills of both borrowers and staff. The ASKI Foundation funds community development projects such as a daycare feeding program and scholarships for children. ASKI Global helps overseas Filipinos develop entrepreneurial and financial skills to maximize the impact of remittances.

ASKI’s motto is “Together, let’s make things happen!” Join ASKI's Kiva Lending Team or view its website.

About Philippines

  • $1175
    Average annual income
  • 1340
    View loans »
    Philippines Loans Fundraising
  • $56,542,450
    Funds lent in using Kiva
  • 47.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Jomar additional capital.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 8, 2009
Listed
Aug 6, 2009
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2010