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Nenita
Nenita is 48 years old, married and has one child. She is married to Benjamin and they are both involved in a retail business. The couple had been operating their store for almost three years now and usually generate about PHP 3,000 each month.

She is asking for a loan of PHP 25,000 to buy additional stocks of groceries to sell such as bread, eggs, and canned goods. This will help increase her sales and boost her profits.

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
  • 288
    View loans »
    Philippines Loans Fundraising
  • $52,221,600
    Funds lent in using Kiva
  • 42.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Nenita to buy more groceries to sell such as bread, eggs, and canned goods.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 14, 2012
Listed
Mar 11, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 22, 2012