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Jennifer is a hardworking entrepreneur living in the Philippines. She is 35 years old and married. Jennifer has three children. Jennifer's spouse works as a buyer and seller of scrap materials in different places.

Jennifer has been buying and selling scrap materials and each month she earns Php 5,000. She is requesting a loan of PHP 20,000. She plans to use this loan to purchase additional scrap materials. Jennifer has been a client of ASKI for four years. In the future, Jennifer would like to improve her business through her hard work and the assistance of KIVA lenders.

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
  • 452
    View loans »
    Philippines Loans Fundraising
  • $66,141,500
    Funds lent in using Kiva
  • 43.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Jennifer to purchase additional scrap materials.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Apr 15, 2011
May 16, 2011
Currency Exchange Loss:
Oct 18, 2011