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Erlinda
“God always plan the best things for us, just trust in Him” said Erlinda. It was this quote that was her motivating factor to move forward in expanding her business and in overcoming difficulties of life. Erlinda was very lucky to have her business continuously grow through her sacrifices. She really wants her business to develop into a grocery store someday and is working very hard to realize her dream. She is asking to borrow loan amounting to PHP 9,000 as additional working capital.

She also maintains an eatery business and despite her busy days in the business, Erlinda still does not forget her obligation to her family especially during Sundays when her while family attends mass in their local Church. She is married to Rudy who works with her in their business. They were blessed with 3 children who were all married already. Her daily income from the business is mostly used to reinvest in her business.

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

  • $1175
    Average annual income
  • 326
    View loans »
    Philippines Loans Fundraising
  • $52,172,975
    Funds lent in using Kiva
  • 47.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Erlinda business Capital.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 24, 2009
Listed
May 20, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009