Jennifer is a hardworking entrepreneur living in the Philippines. She is 35 years old and married. Jennifer has three children. Jennifer's spouse works as a buyer and seller of scrap materials in different places.
Jennifer has been buying and selling scrap materials and each month she earns Php 5,000. She is requesting a loan of PHP 20,000. She plans to use this loan to purchase additional scrap materials. Jennifer has been a client of ASKI for four years. In the future, Jennifer would like to improve her business through her hard work and the assistance of KIVA lenders.
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.