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Joselyn
Joselyn is 45 years old, separated and has been blessed with six children. She operates a stall wherein she offers rice, salt, cosmetic products and auto load max. Joselyn would like to buy an additional 50 cavans of rice but her income is not sufficient due to an abrupt increase of her household expenses and the daily allowances of her six children.

For this reason, Joselyn is seeking a loan of PHP 50,000. She hopes that her rice retailing business will continue to grow smoothly so she can earn greater income, improve her way of living and educate her six children.

Joselyn hopes and prays that her requested loan amount will be granted.

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
  • 1201
    View loans »
    Philippines Loans Fundraising
  • $57,777,750
    Funds lent in using Kiva
  • 40.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Joselyn to buy 50 cavans of rice for her stall.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2013
Listed
Mar 25, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2013