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Jose is a 50-year-old single man who buys junk materials and resells them for profit. He has been in his business for nine years and earns about 10,000 PHP each month. He was able to manage his business well and aims to keep improving his sales. He is now asking for a loan of 11,000 PHP to buy more plastics, empty cans, bottles and jars to resell for profit. This loan will be additional capital to invest in the business.

Someday, Jose hopes to achieve economic stability and keep mantaining good services to his customers.

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
  • 720
    View loans »
    Philippines Loans Fundraising
  • $63,295,350
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Jose to buy more plastics, empty cans, bottles and jars to resell for profit.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jan 22, 2013
Jan 30, 2013
Currency Exchange Loss:
Aug 23, 2013