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Olga and her husband help each other to lift up their children out of poverty. Olga is engaged in the transportation business operating her jeepney. She has been in this business for four years and she is thankful because she usually receives PHP 25,000 per month from it. Right now, Olga is requesting a loan of PHP 50,000 to purchase wheels, oil, and gasoline for the maintenance of her jeepney. She plans to use the additional revenue generated to expand and improve her family's living conditions.

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
  • 742
    View loans »
    Philippines Loans Fundraising
  • $63,312,675
    Funds lent in using Kiva
  • 43.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Olga to purchase wheels, oil, and gasoline for the maintenance of her jeepney.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Dec 27, 2011
Feb 1, 2012
Currency Exchange Loss:
Jul 15, 2012