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Emma
Emma, 27 years of age, is married and blessed with one child. Their family lives in the village of Calaocan. Emma has had a retail store in their village for almost one year. Her net income monthly is 9,000 PHP. Due to insufficient capital, she's asking for a loan of 20,000 PHP. The business has been a great help in developing their living conditions. She is thankful to those Kiva lenders for their previous financial assistance to her business. She would like to continue receiving loans to aid the growth of her business and generate profits to invest in the future.

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
  • 1305
    View loans »
    Philippines Loans Fundraising
  • $57,946,175
    Funds lent in using Kiva
  • 42.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Emma to purchase additional grocery items to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 16, 2011
Listed
Jul 20, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012