Check out some available loans that are similar to this one!
Esmeralda
Esmeralda R. is 52 years old and widowed with five adult children. She is from the village of Brgy. Bonfal West, Bayombong, Nueva Vizcaya. To make a living, Esmeralda owns and operates a tailoring business. Her primary source of income comes from providing specialty tailoring services to local community members. Esmeralda has been engaged in her business for over 15 years and earns approximately 6,000 PHP a month.

Esmeralda joined ASKI in 2011 to gain access to financial services to help improve her living situation and ability to engage in business activities. She is requesting a loan of 10,000 PHP to purchase additional fabrics and materials. This will be her first loan from ASKI. Esmeralda plans to use the additional revenue generated from her loan to improve and expand her business.

About ASKI:

ASKI is one of the most successful microfinance institutions in the Philippines. It has 38 branches covering the Central and Northeastern areas. Its clients are mostly of 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

  • $1175
    Average annual income
  • 330
    View loans »
    Philippines Loans Fundraising
  • $52,207,900
    Funds lent in using Kiva
  • 44.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Esmeralda to purchase fabric and material.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 25, 2011
Listed
Jan 31, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2011