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Aileen
Work hard and be patient in overcoming the difficulties of life, shared Aileen. She is managing a little stall selling different snacks such as noodles, bread, candies and so on. She is a resident of Barangay Salvacion Bayombong, Nueva Vizcaya. She was not able to pursue her college education because she got pregnant before getting married, when she was in her last year in high school.



To make her business grow, Aileen is requesting a loan from Kiva lenders amounting to PHP 5,000 as additional business capital. She wants to increase her income and as much as possible double her time for her child is already in his senior year in high school. Aileen wishes to provide her child with his need for education. She knows her son will be responsible for her when she grows old and thus she wants him attain his ambitions in life for their future. She once became a failure as a teenager but now is a proud mother without expecting help from others in managing her son’s education. She just hopes that lenders will grant her loan request.

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
  • 466
    View loans »
    Philippines Loans Fundraising
  • $53,351,450
    Funds lent in using Kiva
  • 48.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Aileen additional capital.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 25, 2009
Listed
Aug 25, 2009
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2010