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Joy is a kind and friendly woman who has a small fuel business in her village, which is located along the highway. Joy earned the capital to start her fuel business by milling rice.

Joy is in her 40s, married, and has two children, whom she sends to high school and college. Joy’s husband is a seaman. Every time her husband sends her money, she invests it for an additional source of income.

Joy hopes to prosper in her business and help her children finish college so they can become professionals someday. Thus, she is asking for a loan of 35,000 PHP to buy fuel to sell. Through her income from her business, she is able to provide her family's daily basic necessities and provide her children some allowance for 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
  • 385
    View loans »
    Philippines Loans Fundraising
  • $66,139,225
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Joy to buy fuel to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Feb 19, 2013
Mar 7, 2013
Currency Exchange Loss:
Sep 19, 2013