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Jingle
Jingle is 34 years old, married and has two infant-age children. Being a responsible parent, he aimed to become financially stable in order to support his family. He is raising his family in a rural community and they live through farming. Aside from this, he engages in furniture making to earn additional income. He planned to improve and strengthen this business to make it more profitable but he has inadequate capital. Therefore, he is asking for a loan of PHP 8,000 to buy wood, nails, a hammer and other materials needed in furniture making. He is hoping that his loan will be granted to improve his 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

  • $1175
    Average annual income
  • 890
    View loans »
    Philippines Loans Fundraising
  • $53,402,900
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Jingle to buy wood, nails, a hammer and other materials needed in furniture making.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2013
Listed
Apr 28, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2013