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Janette
Janette lives in Tuguegarao. She is single and generates income from her stall where she sells office supplies and computer parts. She has been in her business for over a year now and approximately earns PHP 25,000 each month. She uses her income as revolving capital in the business. Other parts were saved for future expenses.

She aims to keep making her business profitable which is why she asked for a loan of PHP 50,000 to buy more computer parts, ink refills, colored papers and pens to sell on her stall. She hopes to keep extending her good services and the quality of products to all her customers. With the good products she offers, she will enhance her sales and keep her business profitable.

Some day, she hopes to became a successful entrepreneur and achieve financial stability.

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
  • 1311
    View loans »
    Philippines Loans Fundraising
  • $57,946,175
    Funds lent in using Kiva
  • 40.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Janette to buy more computer parts, ink refills, colored papers and pens to sell on her stall.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 22, 2013
Listed
Jan 31, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 26, 2013