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Leila
Leila M. is 33 years old and married to Larry M.. They have been blessed with two children: Lharson, 11 years old & presently in grade school and Maricris, 5 years old, who is currently in kindergarten. The family is happily living in the village of Centro 3 in Angadanan, Isabela. The couple are very supportive of each other and always give each other a helping hand, especially in times of life difficulties.

Leila has been managing a direct-selling business for almost six years. She has been a franchise dealer of Natasha, MSE and AVON cosmetic products. She has been able to build her clientele because, she believes, she is approachable to everyone. At times, she has not been able to pre-order some of her customers’ order requests due to a lack of funds. For this reason, she would like to take a loan in the amount of PHP7,000. She will use the loan to purchase more products to sell to her customers. Her monthly net income from the business is around PHP5,000, which is used for the children’s education. She hopes that her business will prosper in order to give her family a better life in the future.

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
  • 1416
    View loans »
    Philippines Loans Fundraising
  • $59,117,025
    Funds lent in using Kiva
  • 47.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Leila to purchase more cosmetic products for her business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 16, 2009
Listed
May 12, 2009
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2009