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Myrliza
Myrliza mentioned that " Hardships and difficulties" are the stepping stone towards success. She is a hard-working mother who was blessed with two children. She owns and manages a variety store in their village to help her husband in providing their family needs. She aims to strengthen her business to make it a viable source of income to support the education of their children and to save for their future.

Due to inadequate capital, she is asking for a loan of P25,000 to buy additional stocks of soft drinks, canned goods, snack foods, soaps, beverages, candies and toothpaste to sell in their village. She believes that her loan will help to increase her product offerings and satisfy customers needs. She hopes that in the future, she will make her business grow as she continues managing her business despite problems and difficulties in life.

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
  • 998
    View loans »
    Philippines Loans Fundraising
  • $54,447,850
    Funds lent in using Kiva
  • 42.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Myrliza to buy soft drinks, canned goods, snack foods, soaps, beverages, candies and toothpaste to sell in the village.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 24, 2011
Listed
Sep 14, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012