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Nestly
Nestly is 21 years old and she is already married. She and her husband Arnold were gifted with a one year old son named Prince Lhary.

Nestly is engaged in food vending business. In the morning she sells sells vegetables which she usually purchased in Cauayan public market. In the afternoon, she will then sell different snacks like halo-halo (is a popular Filipino dessert that is a mixture of shaved ice and milk to which are added various boiled sweet beans and fruits, and served cold in a tall glass or bowl). Aside from this she also sells barbecue stick. As a young parent, she will do everything to become a responsible mother to her eldest child and future children. Life will be difficult without her cooperation and initiative to start a business. She just hope that her business will not be affected by calamities and other factors that could possibly affect her business growth.

Nestly is asking for financial support from KIVA lenders. She is requesting to avail a loan of PHP4, 000 to be use as her additional capital and to maintain her business. She hopes to avail the said loan because she believes that it will make her business become progressive. And she wanted the loan to gain income by investing it to her business. She really hopes that her loan will be approved.

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
  • 1425
    View loans »
    Philippines Loans Fundraising
  • $59,117,025
    Funds lent in using Kiva
  • 47.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $100 helped Nestly 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:
Feb 15, 2010