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Jennelyn
Jennelyn is 38 years old and the mother of two children. She and her husband are aiming for a happy and successful life. They live happily in a rural community through farming.

They plant rice and vegetables that they sell in the market. Jennelyn also buys and sells other various vegetables to sell.

She always wanted to have big sales and has hoped to obtain a loan as added capital in the business. Therefore, she is asking the amount of PHP 20,000 to buy bitter melon, eggplants, string beans, bananas, tomatoes, sweet potatoes, and other kinds of vegetables to sell.

She is hoping that someday, she will make her business more profitable for the welfare of her family.

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.

Tags

About Philippines

  • $1175
    Average annual income
  • 1279
    View loans »
    Philippines Loans Fundraising
  • $56,347,950
    Funds lent in using Kiva
  • 43.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Jennelyn to buy bitter melons, eggplants, string beans, bananas, tomatoes, sweet potatoes, and other kinds of vegetables and fruit to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 21, 2013
Listed
Nov 3, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014