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Jaymar
Jaymar didn't finish his studies. Instead, he focused on running his livestock and farming business. He is now 32 years old, married and has been blessed with two children. Jaymar has been through a lot of difficulties in life, and he doesn't want to let his children experience what he has gone through. He has worked with great perseverance and patience to run his business, and has been able to grow his profit.

Jaymar isn't satisfied with the success that he has had so far. He used a previous loan to generate increased profits, which he used to cover some household expenses and invest in his business. Now he would like to get a new loan of 36,000 Philippines Pesos (PHP), to buy sacks of hog feed and vitamins. He expects that this new loan will help him achieve his goals for his 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

  • $1175
    Average annual income
  • 1540
    View loans »
    Philippines Loans Fundraising
  • $56,672,675
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Jaymar to buy sacks of hog feed and vitamins to help raise his hogs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 26, 2012
Listed
Nov 10, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 22, 2013