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Emelyn
Emelyn manages an eatery business in the public market of Cauayan City. She is requesting a loan amounting to PHP15,000 for her business to grow. She will be able to encourage more customers by having different menus of food to offer. Through this, Emelyn will surely increase her business profit, which will enable her to meet her family's basic necessities and the education of her children. She is hoping that soon she will be given the business financial support she needs.
She is now 45 years old and is married to Noel who is working in a bakeshop. They are blessed with five children: Mark Joseph - 19 years old, Norilyn - 18 years old, Maica Angelyn - 16 years old, Lovelyn Joy- 14 years old, and their youngest is Noriel - 5 years old. The family is residing at Barangay San Fermin, Cauayan City. Emelyn is patiently doing her best to maintain her eatery business in order to send all of her children to school to gain a college degree someday.

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
  • 308
    View loans »
    Philippines Loans Fundraising
  • $52,185,750
    Funds lent in using Kiva
  • 47.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Emelyn business Capital.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 11, 2009
Listed
May 31, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009