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Janet
Janet is from the village of Bugallon. She is 39 years old, married and has three school-aged children. She owns and operates a retail store in the local community. She has been engaged in her business for over 18 years.

She joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Janet is requesting a loan of 18,000 PHP to purchase grocery items such as canned goods, biscuits and other ingredients to sell. She plans to use the additional revenue generated from the business to pay the tuition fees for her children.

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

  • $7,000
    Average annual income
  • 1249
    View loans »
    Philippines Loans Fundraising
  • $57,860,075
    Funds lent in using Kiva
  • 44.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Janet purchase grocery items such as canned goods, biscuits and other ingredients to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 23, 2011
Listed
Oct 17, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 16, 2012