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Lilibeth
Lilibeth, a 37-year-old married mother of three, lives with her family in The Philippines where she has a store in her home selling basic products of excellent quality at affordable prices.



Lilibeth believes that working hard is the key to success, and one of her business goals is to grow her enterprise by stocking it with more products. To this end, she is requesting a loan of P10,000 to buy groceries such as sugar, assorted biscuits, soft drinks, shampoo, detergent, etc. to sell in her shop.



Lilibeth has faith that her efforts will give her the opportunity to provide her family a better quality of life, most especially her school-aged children.

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
  • 1431
    View loans »
    Philippines Loans Fundraising
  • $59,148,800
    Funds lent in using Kiva
  • 42.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Lilibeth to purchase groceries such as sugar, assorted biscuits, soft drinks, shampoo, detergent and other ingredients for her retail shop business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 26, 2011
Listed
Sep 6, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012