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Florelyn Jennifer
Florelyn Jennifer is a degree holder and has three children. She is a single mother who aims to provide her children with a quality education and better way of life. Florelyn Jennifer works at a private school and at the same time she operates her rental carinderia (mini-restaurant) and refreshment stall. Whenever she has finished her class she immediately goes to her stall to help her staff member prepare the viand and other snacks to sell.

Florelyn Jennifer's business location is in front of the private school so she needs to help her staff member in preparing things to be able to have a smooth flow for her business. Aside from carinderia, she also offers home made sweet ham as an additional source of income, because her salary is used for her children's education, allowances, daily needs and other household expenses. Since she is single mother, she needs to double her effort and manage her business wisely to fulfil her dreams in life.

Florelyn Jennifer would like to ask for additional capital amounting to PHP25,000 to allow her to buy soft drinks, snack foods and frozen foods for her food stall. She believes that her business will become progressive because of her determination and hard work.

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
  • 1244
    View loans »
    Philippines Loans Fundraising
  • $57,866,175
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Florelyn Jennifer to buy soft drinks, snacks and frozen foods for her food stall.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 8, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 22, 2013