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Remedios
Remedios, 50 years old, is married to a jeepney driver. They are blessed with three children and they are currently residing in the village of Lalog 1. She owns and operates a transportation business (jeepney). She's been in this business for almost 16 years. Her net income monthly from the business is PHP 5,000.

She would like to avail herself of a loan amounting to PHP 10,000 to pay for the maintenance of her jeepney. She's hoping that her loan request will be granted so that she will be able to gain more income.

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
  • 299
    View loans »
    Philippines Loans Fundraising
  • $52,105,400
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Remedios to pay for the maintenance of her jeepney.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 23, 2013
Listed
Feb 6, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 22, 2013