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Joan Grace
Joan Grace is a small entrepreneur from Alcala. She is 25 years old, married and has one child. She has a small store selling grocery items to the people in her village. She usually generates PHP 300 each day, which pays for meals and sustenance of her child. She is now asking for a loan of PHP 5,000 to buy sardines, bread, noodles, and soap to sell. Someday, she hopes to acquire a good income and grow to be a successful entrepreneur for the overall welfare of her family.

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
  • 1300
    View loans »
    Philippines Loans Fundraising
  • $57,866,175
    Funds lent in using Kiva
  • 41.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Joan Grace to buy sardines, bread, noodles, and soap to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 20, 2012
Listed
Oct 11, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 22, 2013