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Jovelyn
Jovelyn is a hard working mother who is engaged in planting and selling vegetables in her village to help her husband in generating income. She and her husband aim to improve their status of living in order to give their family a better life. For this reason, Jovelyn plans to plant and sell more vegetables in order to gain income. She is asking for additional capital of P20,000 to buy additional stocks of vegetables to sell. She is believes that her loan will help her improve the business and is hoping that she will become financially stable in the 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

  • $1175
    Average annual income
  • 300
    View loans »
    Philippines Loans Fundraising
  • $52,091,300
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Jovelyn to buy additional stocks of vegetables to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 24, 2013
Listed
Apr 28, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2013