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Jelly Demetria
Jelly Demetria is 58 years old and now a widow. She was gifted with four children and they live happily in a rural community. Due to the hardship of living, she puts up a small variety store in their village to generate income for their needs.

Jelly Demetria aims to increase her product offerings, but she has limited capital. For this reason, she is asking for additional business capital of PHP 5,000 to buy stocks of canned goods, noodles, food snacks, assorted candies, beverages, soft drinks, and seasonings to sell. She hopes that her loan will be granted in order to make further improvement in 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
  • 1245
    View loans »
    Philippines Loans Fundraising
  • $57,866,175
    Funds lent in using Kiva
  • 43.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Jelly Demetria to buy additional stocks of canned goods, noodles, food snacks, assorted candies, beverages, and seasonings to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 12, 2013
Listed
Jul 28, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014