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Josephine
To earn a profit and be able to sustain her six children with basic necessities, Josephine engages in selling meat and fish around their village. Her husband is a farmer and her partner in distributing their products. Josephine wants to extend the products she sells to her customers in their village and gain additional income for the education of their children. Thus, she is asking for a loan of 18,000 PHP to buy meat, chicken, milkfish and tilapia. She is looking forward to having a successful 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
  • 1259
    View loans »
    Philippines Loans Fundraising
  • $57,883,475
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Josephine to buy meat, chicken, milkfish and tilapia.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2013
Listed
Mar 11, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 22, 2013