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Josie
To earn living, Josie keeps busy all day long managing her sari-sari store in front of her house. She has been operating her business for almost one year and she earns approximately 250 PHP a day in this business.

Josie is now asking for a loan of 12,000 PHP to buy soft drinks, canned goods, sugar, and cooking oil to sell in her sari-sari store. She needs to stock more commodities in her sari-sari store to increase the capacity of sales from the business.

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
  • 1431
    View loans »
    Philippines Loans Fundraising
  • $59,148,800
    Funds lent in using Kiva
  • 42.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Josie to buy soft drinks, canned goods, sugar, and cooking oil to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 25, 2012
Listed
Mar 1, 2012
Currency Exchange Loss:
Possible
Ended:
May 21, 2012