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Jhoan
Jhoan is 36 years old and is engaged in running a small eatery and 'sari-sari' store business. With more than two years of business management, she contributes to a comfortable lifestyle for her family. She wants to continue this good lifestyle through her business. So she is requesting a loan amount of P 20,000 to buy additional grocery items such as canned goods and soft drinks to stock her business as well as vegetables, meat and rice to cook. She hopes her business will provide a higher income in order to improve their living conditions further.

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
  • 467
    View loans »
    Philippines Loans Fundraising
  • $53,351,450
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Jhoan to buy additional grocery items such as canned goods, and soft drinks, as well as vegetables, meat and rice to cook.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 28, 2013
Listed
Feb 12, 2013
Currency Exchange Loss:
Possible
Ended:
May 24, 2013