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Melba
General store is the business of Melba M.. She is a resident of Barangay Rizal West San Isidro, Isabela. She is thankful to have Rolando M., who is a very responsible and a loving husband. Melba wanted to expand her store and buy additional stock of merchandise because their place is far to the marketplace that’s why she is requesting a loan amounting PHP15, 000 for her additional business capital. Somehow, by having the added capital, she could also minimize her fare in going to the marketplace where she bought different kinds of merchandise. She is blessed with six children and she hopes that she could sustain all their needs especially their educational needs.

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
  • 1124
    View loans »
    Philippines Loans Fundraising
  • $54,636,050
    Funds lent in using Kiva
  • 48.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Melba additional capital.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 7, 2009
Listed
Sep 4, 2009
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2010