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Erlinda
Erlinda is already 53 years old. She lives in Barangay Paddad Alicia, Isabela with her family. Despite the difficulties in life, still they are living happily and peacefully together. Her husband’s name is Cristobal B. and he is a farmer. The couple is blessed with five children of whom two are still studying while another one is working abroad as a domestic helper.



Erlinda told us that having a child working abroad is very helpful in supporting their needs, but it does not mean that she can just stay at home and wait for her child’s salary, thus she decided to engage in the vending business. She retails mongo beans and rice in their village.



Erlinda has only been in this business for two months but according to her, it really helps her lot. For that reason, she wants to expand the business by purchasing a sack of mongo and other kinds of beans and at least three sacks of rice to retail, thus she wants to take out a loan from Kiva. She hopes that with the amount of PHP 15,000 as additional capital, her business will progress.

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
  • 890
    View loans »
    Philippines Loans Fundraising
  • $53,402,900
    Funds lent in using Kiva
  • 48.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Erlinda business Capital.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2009
Listed
Jul 14, 2009
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2009