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Nancy
Nancy is happily married to Edwin. They are blessed with four children. Nancy serves as a housewife while Edwin works as liquefied petroleum gas (LPG) retailer. His income ranges from PHP 10,000 to PHP 15,000 per month.

As a mother, Nancy wants her youngest child to finish her college studies thus she opted to borrow loan of PHP 200,000 from Kiva lenders through ASKI. Her child’s name is Wincy.

Wincy is an intelligent and hardworking student. She dreams of designing and building a house for her family, thus she wants to be an engineer someday. Wincy wants to finish her college education for she is determined to pay back the debts of her parents and give them the things they deserve. With that Wincy is very positive that the kind-hearted lenders will grant their loan 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

  • $1175
    Average annual income
  • 365
    View loans »
    Philippines Loans Fundraising
  • $50,943,675
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $4,600 helped Nancy to pay for her eldest child's tuition fees.
0% repaid
Repayment Term
97 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 9, 2014
Listed
Jun 15, 2014
Currency Exchange Loss:
Possible