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Jocelyn
Jocelyn's main source of income is selling fish. She has been in the business for already 13 years. With this activity, she usually generates PHP 3,000 a week, which has provided very essential support for the daily needs of her family. At this moment, Jocelyn needs additional capital to continue to run her business. To make this happen, Jocelyn is applying for a loan of PHP 20,000. She intends to use this amount to buy milkfish ("bangus ") and other kinds of fish to sell in the market. She is hoping that her loan application will be granted, so she can improve her 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

  • $7,000
    Average annual income
  • 1213
    View loans »
    Philippines Loans Fundraising
  • $57,777,750
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Jocelyn to buy milkfish ("bangus ") and other kinds of fish to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 9, 2013
Listed
May 22, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 23, 2013