Check out some available loans that are similar to this one!
Myrna
Myrna is a responsible wife and mother of three children. She is married to Mr. George, a farmer in the village of Namnama, Cabatuan. Myrna is the operator of a transport motorcycle, with a net profit of PHP 250 daily. She has had this business for over nine years. Myrna wants to repair her motorcycle, which is why she is requesting a loan of PHP 15,000 to buy spare parts such as wheels and paint and to pay for the maintenance of her motorcycle. She hopes that she can get the amount she requested to repair and improve her business and earn a higher income to support her family's needs.

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
  • 1280
    View loans »
    Philippines Loans Fundraising
  • $57,860,075
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Myrna to buy spare parts and pay for the maintenance of her motorcycle.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 27, 2011
Listed
Feb 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012