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Jocelyn
Jocelyn is married to a farmer. She has four children but only two of them attend school. Jocelyn helps her husband plant and harvest rice. Income from the business goes towards meals and allowances for their two children.

She requests a loan of P23,000 to buy fertilizer and insecticides used in farming.

In the future, Jocelyn would like to keep making their business more profitable. She hopes to give her children a good education and hopes that they earn a degree and seek better employment.

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
  • 978
    View loans »
    Philippines Loans Fundraising
  • $54,456,775
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Jocelyn to buy fertilizer and insecticides.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 22, 2011
Listed
Feb 1, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2012