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Sherlita
Sherlita is 46 years old and is married to Apolinario, who is a simple farmer in their village. They are blessed with three children. The eldest is Alejandre, now 27 years old and a college graduate, he is followed by Alexander who is 23 years old also a vocational graduate and now working as Technician, finally their youngest, Shamiya is 21 years old. Through hard work the couple has been able to sustain their daily needs and support their children through school.

Sherlita is engaged in hog raising and vending business. According to her, the business she manages needs additional working capital so that she may expand it. She is requesting a loan amounting to PHP 9,000 and she hopes that through this loan, she will someday convert both of her businesses into profitable ones.

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
  • 835
    View loans »
    Philippines Loans Fundraising
  • $54,407,775
    Funds lent in using Kiva
  • 47.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Sherlita business Capital.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 24, 2009
Listed
May 21, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009