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During his high school years, Jay-ar experienced having to stop attending school because his mother could no longer cover his tuition fee. With that experience, Jay-ar now wants to make sure that he can finish his college or vocational course, thus he is asking for a loan of Php 40,000 from KIVA lenders thru ASKI to pay for his tuition fee. He is looking forward to having a diploma for he believes that through that, he can provide a comfortable life for his family. Jay-ar hopes that lenders will grant his request.

Additional Information

More information about this loan

This loan is part of ASKI’s effort to provide capital for low-income students to access higher education. ASKI has designed two loan products intended to fulfill different needs. This loan product covers tuition fees and allowances for an entire educational program. The repayment term for the latter loans will typically be longer – up to 8 years. Students begin repaying their loans once they graduate. 
By funding this loan, you are giving students access to higher education under flexible terms that will fit their needs.

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
  • 760
    View loans »
    Philippines Loans Fundraising
  • $63,325,000
    Funds lent in using Kiva
  • 43.9
    Philippines Pesos (PHP) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $925 helped Jay-Ar to pay his tuition fee.
10% repaid
Repayment Term
49 months (Additional Information)
Repayment Schedule
Jun 9, 2014
Jun 6, 2014
Currency Exchange Loss: