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Olivia
Olivia is determined to improve her home-based store. She is 42-years-old and married. The couple are blessed with four children and they are currently in school.

Olivia runs her variety store and direct selling business. She is a hard working and business minded person. She has been selling shoes, blouse, sandals and shirts for kids and adults for six years. She is thankful for the improvement of her business. Olivia needs to access for a loan P20,000 to buy groceries such as soft drinks, canned goods, breads, ingredients and other basic needs for her retail store. She hopes to see her small store and direct selling continue to grow and make her financially stable.

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
  • 1245
    View loans »
    Philippines Loans Fundraising
  • $57,866,175
    Funds lent in using Kiva
  • 43.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Olivia to buy groceries such as soft drinks, breads, ingredients and other basic needs for her retail store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 17, 2011
Listed
Jan 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 22, 2012