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Julie
Julie is engaged in food snack vending business in their rural village of Oscariz Ramon, Isabela. She loves vending same through here where she is generating income for her family. She wanted to borrow loan from Kiva lenders of around PHP4, 000 that will be utilize as additional business capital. She hopes to further improve the business so that someday, her family will also be lifted up from poverty.

Julie is already married to Reynaldo V. Sr. They are blessed with three children, one of them is already married. Her two younger children who were left are still studying; Reynaldo V. Jr. - 16 years old is a high school student and Rizza Joy - 10 years old is in the elementary level of education. Through her business, she hopes to give them her full financial support as they pursue their studies until college.

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
  • 312
    View loans »
    Philippines Loans Fundraising
  • $50,732,625
    Funds lent in using Kiva
  • 48.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $100 helped Julie additional capital.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 11, 2009
Listed
Sep 10, 2009
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2010