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Liezl
Liezl is 22 years old, and single. She requested a loan in order to purchase boxes of milk, snack foods, drinks, canned goods and different products for daily needs. She started her business a year ago. It was her mother’s business, but she inherited it. She used to help her mother prepare and serve customers.

She is happy with the loan she received, because she will buy supplies needed to keep her customers happy. Her business matters, because it helps her financially. She is happy when people are satisfied with the service provided. She feels proud when they tell her that her store has complete products so that they don't need to go to the town just to buy. She uses the earnings to invest for the future when she will build her own family.

She hopes to build a house on a piece of land when she has her own family. She also hopes for her business to continue to grow, in order to provide a better life for her parents, and for them to have what they need.

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
  • 1165
    View loans »
    Philippines Loans Fundraising
  • $54,649,075
    Funds lent in using Kiva
  • 42.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Liezl to purchase snack foods, drinks and canned goods for her store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 27, 2011
Listed
Aug 20, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012