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Annabelle
Anabelle is 38 years old and a mother to two children. She is married to Raul who is engaged in selling fishballs (a popular snack food made of fish and flour paste molded into balls and deep-fried before serving) and doing some carpentry jobs. Anabelle helps her husband in selling fishballs. She helps her husband in finding source of income for their family. At times, when she has extra time she would offer housekeeping service or work as a part-time saleslady for additional income of the family.

Anabelle is already five years into her business. Her business is very important to her because it helps her in meeting the family’s expenditures. Anabelle wants to continue her business until her children finish their education. She is now asking for a loan of PHP15,000 that she needed for the improvement of her vending business.

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
  • 1464
    View loans »
    Philippines Loans Fundraising
  • $59,151,750
    Funds lent in using Kiva
  • 47.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Annabelle additional capital for her business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 15, 2009
Listed
Oct 29, 2009
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2010