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Lanie
Lanie has been managing a general store for four years. She is married and they have three children. According to Lanie, having a family is not easy, especially providing them with the best education. They are living in Dalig Viejo, Burgos, Isabela. Her monthly profit from her business is Php 4,000 and it is already a big help to meet the needs of their family.



Lanie would like to request a loan amounting to PHP 27,000 that she can use as additional capital for her general store. This amount will help her to make her business grow as well as improving their living conditions.

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
  • 1540
    View loans »
    Philippines Loans Fundraising
  • $56,672,675
    Funds lent in using Kiva
  • 47.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Lanie additional Capital.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 25, 2009
Listed
Sep 23, 2009
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2010