Check out some available loans that are similar to this one!
Joel, 25 years old, is single. He is currently residing in the house of his parents in the village of San Luis. He has owned and operated a variety store in their village for almost two years. Joel is earning a net income of PHP 3,000 every month. He wants to take a loan of PHP 10,000 to purchase biscuits, noodles, canned goods, sugar, and beverages to sell in his variety store. He's hoping that his requested loan amount will be granted so that he will be able to expand his business.

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
  • 716
    View loans »
    Philippines Loans Fundraising
  • $63,275,575
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Joel to purchase biscuits, noodles, canned goods, sugar, and beverages to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jan 16, 2013
Feb 11, 2013
Currency Exchange Loss:
Jul 17, 2013