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Lydia
Lydia is a store owner in the rural village of Pulay Luna, Isabela. She is married to Gilbert M., who is a farmer. They are blessed with a 28-year-old daughter, Virginia, who was able to graduate from high school. They now have two grandsons who bring joy to their family.

Lydia's retail business has been instrumental in supporting the needs of their family. For this reason, she wants to maintain her store. She is requesting a loan amount of 15,000 PHP to use as additional capital for her store. She hopes that the business will become more productive and fruitful in the future. Lydia also shares her main quotation in life, which is “Patience is her key to success.”

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
  • 1088
    View loans »
    Philippines Loans Fundraising
  • $57,648,050
    Funds lent in using Kiva
  • 48.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Lydia additional capital for her store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 24, 2009
Listed
Aug 27, 2009
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2010