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Noel
Noel is 25 years old and still single. He is engaged in buying and selling different food supplements in his community. His ambition in life is to build his own house and become financially stable before he settles down. In this regard, he aims to improve his business buy selling different kinds of food supplements to satisfy his customers' needs.

Due to inadequate capital, he is asking for an loan of P50,000 to buy additional stocks of food supplements like vita plus, Vitamin B complex and other vitamins for sale. He believes that he can make an improvement in his business for he has no competitors in the area. He hopes that someday, he can expand his business as he continue to work and manage his business well.

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
  • 296
    View loans »
    Philippines Loans Fundraising
  • $53,135,300
    Funds lent in using Kiva
  • 43.2
    Philippines Pesos (PHP) = $1 USD