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Bienvinido is 52 years of age and is married with one child. He has been involved in the transportation business particularly motorcycle transport. He has been in this field of business for 7 years and 4 months.

Bienvinido plans to renew his franchise and registration of his motorcycle transport so he is requesting a loan of PHP 10,000. He hopes that his business will continue to grow smoothly. He also hopes to always secure the safety of his passengers so he can obtain better income, which will serve his family's needs and the education of his only child.

Bienvinido is looking forward to the approval of his requested loan amount.

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
  • 1609
    View loans »
    Philippines Loans Fundraising
  • $59,060,350
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Bienvenido to use in renewal and registration of his motorcycle transport.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Feb 15, 2013
Feb 17, 2013
Currency Exchange Loss:
Apr 22, 2013