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Juliet, 40 years of age, is married and thankful because they had been blessed with one child. She has been operating a retail store in their village for almost four years. Her monthly income is 1,500 Philippine Pesos (PHP) and she is asking for a loan of 20,000 PHP to purchase bread, coffee, sugar, canned goods, instant noodles and soft drinks to sell.

She hopes to further expand her business to generate higher profits and to sustain her family's daily needs. She would like to continue taking out loans and hopes that Kiva lenders will extend their assistance to her in the future.

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
  • 1859
    View loans »
    Philippines Loans Fundraising
  • $61,075,150
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Juliet to purchase bread, coffee, sugar, canned goods, instant noodles and soft drinks to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Sep 23, 2011
Oct 20, 2011
Currency Exchange Loss:
Apr 21, 2012