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Gemma
Managing a sari-sari (variety) store from 6:00 a.m. - 7:00 p.m. makes Gemma busy in her everyday routine. She sells grocery items to the people in her village. She has been doing this for five years. She is very thankful for her customers who buy merchandise from her store and provide a daily allowance for her youngest child. She has three children. Two of them have settled into marriage.

She is now asking for a loan of PHP 9,000 to buy sugar, coffee, breads, eggs, and soap to sell in her store. Additional merchandise will help her acquire more profits and improve her sales, too.

Gemma still aims to extend friendly service to her customers and have a stable business, too.

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
  • 1511
    View loans »
    Philippines Loans Fundraising
  • $59,164,100
    Funds lent in using Kiva
  • 42.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Gemma to buy sugar, coffee, breads, eggs, and soap to sell in her store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2012
Listed
Apr 1, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012