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Juvelyn is 35 years old a good wife that full of dreams in life especially to her future children. She is still hoping that at her age she will soon bless with child. Now, she focuses in her bakery business where she gets all the expenses in their everyday living. She also helps her parent in terms of economically that’s why she needs to earn more.

Currently, she is requesting a loan of PHP 20,000 as additional fund to rotate in her bakery. It will be use to purchase 2 sacks of flour, baking powder and yeast. She hopes to earn higher income this time for the financial security purposes of her business and family.

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
  • 359
    View loans »
    Philippines Loans Fundraising
  • $70,814,925
    Funds lent in using Kiva
  • 41.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Juvelyn to purchase 2 sacks of flour, baking powder and yeast.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jul 30, 2012
Aug 12, 2012
Currency Exchange Loss:
Feb 15, 2013