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Josephine
At 52, Josephine is still actively engaged in running her sari-sari store, or convenience store, where she sells snack foods and drinks in her village. Josephine is a widowed mother of four children.

Josephine hopes for good health and to continue operating and growing her business. Josephine is requesting a loan of 40,000 PHP to buy canned goods, soap, and eggs to expand the variety of products she sells to her customers. She hopes to develop her business and become a successful businesswoman someday.

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
  • 843
    View loans »
    Philippines Loans Fundraising
  • $54,407,775
    Funds lent in using Kiva
  • 40.9
    Philippines Pesos (PHP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,000 helped Josephine to expand the variety of products she sells to her customers.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 28, 2012
Listed
Jan 9, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014