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Jhonalyn
Jhonalyn is a 43-year-old, married with three children. She is pleased with her store business, where she sells a variety of products to meet each customer’s demands. She has been running her store for ten years, and she is able to earn about 2,000-3,000 PHP a month.

She would like to request an additional capital amount of 10,000 PHP to purchase additional stock such as biscuits, bath soap, shampoo, canned goods and noodles. She knows that the loan will be of great help to increase her sales and therefore allow her to offer a better living to her parents and nephews.

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
  • 951
    View loans »
    Philippines Loans Fundraising
  • $54,434,500
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Jhonalyn to purchase additional stock such as biscuits, bath soap, shampoo, canned goods and noodles.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 21, 2013
Listed
Mar 16, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2013