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Ednalyn
Ednalyn is 45 years old and has two children who attend school. She is engaged in selling vegetables, candies, and biscuits in the school canteen. She also cooks vegetables and sells them to the students. Through this business, she can afford to send her children to school.

Because she wants to improve her business, Ednalyn is requesting a loan for 20,000 PHP to buy soft drinks, breads, hot dogs, and Styrofoam boxes. She wants to earn an increased income for the continuous education of her children. She hopes that they will someday hold a degree.

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
  • 1515
    View loans »
    Philippines Loans Fundraising
  • $56,672,675
    Funds lent in using Kiva
  • 43.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Ednalyn to purchase soft drinks, breads, hot dogs, and Styrofoam boxes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 26, 2011
Listed
Sep 27, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012