Check out some available loans that are similar to this one!
Elvira has eight children with her husband Eduardo. Three of her children attend college, two are in high school, and the other three are elementary school students. It is not easy to satisfy their needs, especially when all of them are in school and taking their studies. However, Elvira does not take this as a hindrance and complies with the duties and responsibilities of her family. She takes it as a challenge as to how best handle and improve her family's living conditions.

Elvira and her husband work hard to be able to continue sending their children in school. In addition, two of her children work to help support the family. Elvira runs a small general store, and she and her husband also makes improvised stoves and sell them in their village.

She wants to continue her business while her children are taking their studies. She plans to use this loan of Php 15,000 as additional capital to help maintain her businesses. She has high hopes of achieving her dreams for the future of her children.

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
  • 993
    View loans »
    Philippines Loans Fundraising
  • $63,411,650
    Funds lent in using Kiva
  • 47.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Elvira working capital for a general store and stove construction business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Oct 16, 2009
Nov 8, 2009
Currency Exchange Loss:
Apr 15, 2010