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Cristine is 20 years old and single. She is presently studying for a Bachelor of Science in Information Technology. She aims to finish her chosen course, so that she will find a good job someday and help her parents in gaining income to sustain their necessities and finance the education of her younger sister and brother.

Due to hardship of living, her parents could not afford to finance all her necessities in school. For this reason, she would like to access educational assistance from Kiva lenders through ASKI, in the amount of PHP 10,000, to pay for her tuition fee, books, and school uniforms. Through this financial assistance, Cristine believes that she will be able to continue her studies.

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
  • 1642
    View loans »
    Philippines Loans Fundraising
  • $59,060,350
    Funds lent in using Kiva
  • 43.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Cristine to pay for her tuition fee, books, and school uniforms.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Jul 21, 2014
Aug 15, 2014
Currency Exchange Loss:
May 30, 2015