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Lilian
Lilian is 58 years old and married. She has a retail shop where she sells slippers and shoes. She has had this business for 15 years. Lilian's spouse raises hogs. Lilian is requesting a loan of PHP 15,000 to purchase more shoes and slippers in different sizes including sandals to offer. Each month, Lilian earns about PHP 5,000 doing this type of work.

In the future, Lilian hopes to have a big business in order to generate more income that would help to improve their living condition.

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
  • 892
    View loans »
    Philippines Loans Fundraising
  • $54,399,900
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Lilian to purchase more shoes, slippers and sandals to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 12, 2011
Listed
May 30, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2011