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Jovita is 46, married and has only one child. She lives in a rural community and manages a small retails store. She and her husband aim for a happy and successful life someday. They help each other in generating income to cover their necessities and save for their future. Jovita wants to improve her retail store to increase her income. Having inadequate capital, she would like to avail a loan of PHP15,000.00 to buy more stocks of noodles, canned goods, beverages, seasonings, laundry soaps,snack foods and soft drinks to sell. Through patience and strong determination, she believes that she will make her dreams into reality.

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
  • 1424
    View loans »
    Philippines Loans Fundraising
  • $59,139,250
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Jovita to buy more stocks of noodles, canned goods, beverages, seasonings, laundry soaps, snack foods and soft drinks to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
May 23, 2014
Jun 1, 2014
Currency Exchange Loss:
Nov 17, 2014