Check out some available loans that are similar to this one!
Oralyn
Oralyn is a responsible and loving mother to her seven children. She is 40 years old and married. Oralyn is married to Alfredo who is her helper in her business. Among her seven children, three of them are studying, two children are working, and the other two left are still infants.

Oralyn and her husband are doing their best in order to provide for the family's living. Oralyn as been running her furniture business since 1998. The income generated from this business, is used for her children's allowances, daily needs and the salary of her hired laborers. For this reason, she would like to increase her sales in order to support her children's studies in addition to her infants' needs.To fulfill her goal in life, she is requesting for additional working capital from all the KIVA lenders. She is requesting P40,000 to be used in buying woods and varnish for her furniture business. She hopes that she can develop her finished products so that she can then offer them at higher prices and encourage more costumers to buy her products. Oralyn would be grateful if her requested loan would be granted.

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
  • 1670
    View loans »
    Philippines Loans Fundraising
  • $59,006,400
    Funds lent in using Kiva
  • 43.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Oralyn to buy wood and varnish for her furniture business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 5, 2012
Listed
Feb 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012