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Linda
Linda, 56, has a carinderia (eatery) in the market. She offers pancit and mikki (noodles), candies, and soft drinks. She's happy to know that she'll have loyal customers who appreciate her cooked food and snacks.

She wants to offer new recipes and delicious desserts to her customers, so she is asking for financial support from ASKI in the amount of 10,000 Philippine Pesos (PHP) to buy ingredients in cooking her new recipes, like macaroni and adobo. She'll feel sure of making progress through her loan with her hard work. Through this, she will be able to improve her business as well as their living conditions.

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
  • 1503
    View loans »
    Philippines Loans Fundraising
  • $56,687,475
    Funds lent in using Kiva
  • 43.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Linda to buy ingredients for cooking her new recipes like macaroni and adobo.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 8, 2012
Listed
Apr 3, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012