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Josephine is from the village of Guam. She is 43 years old, married, and has four children. To provide for her family, she became involved in the retail business. She has been in this business for five years, and makes about PHP 300 daily.

Josephine dreams of lifting her children from poverty, which is why she works hard in her business. To this end, Josephine is requesting a loan in the amount of PHP 20,000 to buy more products for her store, such as condiments, assorted breads, beverages and noodles.

She hopes to grow her business in order to secure her family's future.

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
  • 709
    View loans »
    Philippines Loans Fundraising
  • $63,222,225
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Josephine purchase items such as condiments, assorted breads, beverages, and noodles to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Apr 8, 2013
Apr 13, 2013
Currency Exchange Loss:
Oct 23, 2013