100%

funded

Total loan: $1,050

Raul

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Carranglan, Nueva Ecija, , Philippines / Entertainment

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A loan helped to pay for the maintenance and repair of his videoke machine and promotion of his business.


Raul's story

Raul is a 50-year-old businessman, single and happily living with his family in Carranglan, Nueva Ecija.

For almost four years now, Raul has been earning a living by renting out his videoke machine. (Very popular in the Philippines, videoke differs from karaoke in that singers not only sing along with the soundtrack but are video recorded while performing.) He has been a responsible client of Kiva's field partner Alalay sa Kaunlaran for about three years.

Raul has been entrusted with a loan amounting to PHP 50,000 under ASKI’s business loan program. He will use it for the maintenance and repair of his videoke machine and promotion of his business. He believes that with the help of ASKI and Kiva lenders, his business will expand.