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Leonida
Leonida is a small entrepreneur selling eggs to the people in the village where they live. She cooks salted eggs and balut (fertilized duck egg with a nearly-developed embryo inside that is boiled and eaten in the shell). This serves as her alternative source of income. Her spouse works as a construction worker. They have seven children, five of whom attend school.

She is now asking for a loan of PHP 8,000 to buy more eggs to cook and sell. She hopes this loan will be given to her to help improve her sales. She promises to repay her loan on time.

With the family's hard work and perseverance, she hopes to achieve a better quality of life someday.

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
  • 1040
    View loans »
    Philippines Loans Fundraising
  • $57,757,925
    Funds lent in using Kiva
  • 42.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Leonida to buy more eggs to cook and sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 19, 2012
Listed
Mar 2, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 22, 2012