Check out some available loans that are similar to this one!
Arturo
Arturo is 56 years old and married with two adult-aged children. Arturo owns a motorcycle that he uses as a source of income. He is in the motorcycle transport business. With the business, he generates PHP 4,000 a month.

Arturo is asking for a loan of PHP 20,000 to buy materials for the maintenance of the motorcycle such as tires.

In the future, Arturo hopes that his transportation business will improve further to sustain the needs of his family.

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
  • 1292
    View loans »
    Philippines Loans Fundraising
  • $57,910,775
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Arturo to buy tires for his motorcycle.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 27, 2011
Listed
May 26, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2011