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Jomar
Jomar is 33 years old and still single. He operates a motorcycle transport business in his community to earn his daily income.

Jomar is requesting a 5,000 PHP loan to buy gasoline, spare parts, and accessories needed to maintain his motorcycle. In the future, he hopes to earn and save more money to support his parents and save for his future. Through patience and hard work, Jomar believes that he will able to improve his family’s living standard.

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
  • 1342
    View loans »
    Philippines Loans Fundraising
  • $57,861,200
    Funds lent in using Kiva
  • 43.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Jomar to buy gasoline, spare parts, and accessories to maintain his motorcycle.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 16, 2013
Listed
Oct 28, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014