Check out some available loans that are similar to this one!
Estrella A. is from the village of Gappal,Cauayan City, Isabela. She is 50 years old and married. To make a living, Estrella owns and operates a business venture in the food sector, making and selling food. While not the only means for generating revenue, the main source of income for the business comes primarily from preparing and selling cooked food for daily meals. Estrella has been engaged in her business for over three years and earns approximately 3,000 PHP a month for these activities.

In 2009, Estrella joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Estrella is requesting a new loan of 7,000 PHP, which will be used to purchase raw ingredients needed to make products for sale. This loan will be the second loan taken out by Estrella from ASKI. She plans to use the additional revenue generated from the business to improve/expand her business.

About ASKI:

ASKI is one of the most successful microfinance institutions in the Philippines. It has 29 branches covering the central and northeastern areas. Its clients are mostly farmers, fisherfolk and small entrepreneurs.

*Note: To maximize efficiency and reduce costs, this loan was posted using a template to automate the translation by Kiva. Given that manual translation of entrepreneur profiles is costly, Kiva created this template for our Field Partner to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.

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
  • 1872
    View loans »
    Philippines Loans Fundraising
  • $61,001,400
    Funds lent in using Kiva
  • 46.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Estrella to purchase raw ingredients needed to make products for sale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Jul 5, 2010
Jul 26, 2010
Currency Exchange Loss:
Jan 15, 2011