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Jacqueline is 49 years old. She is married, with three children. She has been engaged in her sari-sari store for three years and earns about PHP 300 a day. Jacqueline needs additional capital. That is why she is taking out this loan amounting to PHP 10,000 to buy additional stocks of groceries such as canned goods, noodles, condiments, candies and biscuit to sell. Jacqueline hopes to improve her business to secure her family's future and continue sending her children to school.

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
  • 327
    View loans »
    Philippines Loans Fundraising
  • $70,768,400
    Funds lent in using Kiva
  • 42.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Jacqueline to buy additional stocks of groceries such as canned goods, noodles, condiments, candies and biscuits to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Aug 14, 2012
Aug 19, 2012
Currency Exchange Loss:
Feb 15, 2013