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Sharon
Sharon's business involvement is in transportation, in particular, motorcycle transport. She is married to an Overseas Filipino Worker(OFW). Due to hardships and difficulties in life, her husband grabbed the opportunity to work away from his family, to earn a living. Sharon stands as both father and mother to her two children.

Sharon and her spouse work together, to uplift their lifestyle and to give their children quality education and a brighter future. With her goal to help her husband in generating income, she decided to use her motorcycle in transporting passengers going to and from the market. Later, she let her neighbor be the driver of her motorcycle, but with conditions. Sharon made an agreement between her and this driver. She is really thankful because her driver follows the arranged agreement between them.

Sharon would like to maintain quality service to her passengers, and that's the reason why she is asking for additional capital of PHP15,000, which will be used for repair and maintenance of her motorcycle. She hopes that her requested loan amount will be granted, so she can earn a better income and she will no longer depend on remittances from her husband.

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
  • 283
    View loans »
    Philippines Loans Fundraising
  • $52,061,525
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Sharon to repair and maintain her motorcycle that she uses for her transport business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 16, 2013
Listed
Jan 30, 2013
Currency Exchange Loss:
Possible
Ended:
May 24, 2013