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Jayna
Jayna is a responsible housewife who owns and manages a small variety store in her community. She is 42 years old and doesn't have children. Despite this, she and her husband aim to improve their status of living in order to help finance the education of their niece and nephews.

Jayna plans to increase her product offerings to satisfy her customers demand. Due to inadequate capital, she is asking for an additional of P20,000.00 to buy more stocks of soft drinks, dry goods, frozen foods, noodles, snack foods, beverages and seasonings to sell. Through this loan, she believes that she will be able to improve her 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
  • 1501
    View loans »
    Philippines Loans Fundraising
  • $59,173,600
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Jayna to buy more stocks of soft drinks, dry goods, frozen foods, noodles, snack foods, beverages and seasonings to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 13, 2013
Listed
Mar 15, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 19, 2013