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Jovelyn
Jovelyn is 39 years old, married, and has two children. She runs a variety store within her locality, which she has been doing for 12 years. Her husband works as a farmer.The couple aspires to improve their sources of income.

Jovelyn is requesting a loan for 5,000 PHP, which she will use to buy grocery items such as eggs, cooking oil, detergent soap and soft drinks. She plans to have stocks of commodities in her store so that she can lessen her transportation expenses going to and from the market.

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
  • 1022
    View loans »
    Philippines Loans Fundraising
  • $54,528,050
    Funds lent in using Kiva
  • 42.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Jovelyn to purchase grocery items such as eggs, cooking oil, detergent soap, and soft drinks.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 8, 2013
Listed
May 31, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2013