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Elena
Fifty-nine-year-old Elena, who sells vegetables in the market everyday, has devoted about half of her life to the business. With her profit amounting to P200 per day, she makes a great contribution to her family's lifestyle.




Elena is now requesting a loan of P25,000 to purchase more vegetables such as okra, cabbage, pechay, beans and eggplant in order to earn higher profits which she will put aside for emergencies.

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
  • 391
    View loans »
    Philippines Loans Fundraising
  • $50,825,975
    Funds lent in using Kiva
  • 43.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Elena to purchase vegetables such as okra, cabbage, pechay, beans and eggplant.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 25, 2011
Listed
Jan 1, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 21, 2012