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Jenie
Jenie is a devoted wife. She expresses her commitment and full devotion to her business and to her family as well. Jenie has operated a small sari-sari (variety) store for eight years. The profits earned from her businesses allow her to pay school fees and allowances for her children. At this moment, Jenie wants to strengthen her business but has inadequate funds, so she is asking for a loan of 50,000 PHP to buy soap, shampoo, canned goods, soft drinks, vinegar, and other basic kitchen items. She wants to stock more items in her store to meet all her customers' requests. In the future, Jenie aims to have a larger store to earn higher revenue. She wants to achieve financial independence.

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
  • 273
    View loans »
    Philippines Loans Fundraising
  • $53,061,525
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Jenie to buy soap, shampoo, canned goods, soft drinks, vinegar, and other basic kitchen items for her sari-sari store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 21, 2013
Listed
Mar 7, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 22, 2013