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Heherson
Heherson is a responsible husband and father of three children. He is married, and lives in the village of Del corpuz, Cabatuan. Heherson is the operator of a transport motorcycle, with a net profit of PHP 250 daily. He has had this business for over five years. Heherson wants to repair his motorcycle, That is why he is requesting a loan of PHP 20,000 to buy spare parts such as wheels and paint for the maintenance of his motorcycle. He hopes that he can get the amount he requested to repair and improve his transport motorcycle business and earn a higher income to support his 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

  • $1175
    Average annual income
  • 271
    View loans »
    Philippines Loans Fundraising
  • $53,116,700
    Funds lent in using Kiva
  • 43.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Heherson to buy spare parts such as wheels and paint for the maintenance of his motorcycle.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2011
Listed
Feb 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 22, 2012