Check out some available loans that are similar to this one!
Shalimar
Shalimar, 43 years of age, is a hardworking and honest woman. She is married and is a loving mother of two children. She operates an eatery business to support her family, earning PHP 5,000 every month.

Shalimar's income is insufficient due to the high cost of foods to cook, school fees and allowances for her children and paying her employee's salary. She therefore decided to ask for a loan of PHP 25,000 to purchase meat, vegetables, soy sauce, vinegar and ketchup used for her business. With these products, she hopes to increase her proceeds every month in order to be able to meet her expenses and to save for her children's education.

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
  • 592
    View loans »
    Philippines Loans Fundraising
  • $53,351,450
    Funds lent in using Kiva
  • 43.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Shalimar to purchase meat, vegetables, soy sauce, vinegar and ketchup.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 14, 2011
Listed
Feb 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 22, 2012