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Mhare Jhon
Mhare Jhon is 18 years old and from Aurora, Isabela. Despite the fact that they are struggling financially, he wanted to continue and finish studying to help his parents send his siblings to school. Mhare Jhon has seven siblings; five of them are younger than him.

He is currently enrolled in ASKI’s Microfinance Technology course. That is why he wants to avail an educational loan of P40,000 from the Kiva lenders to be used for his tuition fee. He is hopeful that lenders will approve his loan for this will help him in achieving his goals.

Additional Information

More information about this loan

This loan is part of ASKI’s effort to provide capital for low-income students to access higher education. ASKI has designed two loan products intended to fulfill different needs. This loan product covers tuition fees and allowances for an entire educational program. The repayment term for the latter loans will typically be longer – up to 8 years. Students begin repaying their loans once they graduate. 
By funding this loan, you are giving students access to higher education under flexible terms that will fit their needs.

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
  • 409
    View loans »
    Philippines Loans Fundraising
  • $66,089,900
    Funds lent in using Kiva
  • 43.8
    Philippines Pesos (PHP) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $925 helped Mhare Jhon to pay for tuition fee.
15% repaid
Repayment Term
48 months (Additional Information)
Repayment Schedule
Jul 15, 2014
Aug 22, 2014
Currency Exchange Loss: