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At her age of 41, Loida is still single. She kiddingly said that she forgot to get married. Loida manages a sari-sari store business in their village. She is selling a variety of grocery items like biscuits, eggs, spices and curls. Her income from the business provides for her parents food and needs every day.

Loida wants to grow the business and be able to further bestow her parents needs. Loida is asking for a loan of PHP30,000 to purchase drinks, medicines, breads and canned goods. She believes that availing the loan will have a big help for her for the growth of the business. She is hoping that she will earn higher income as well.

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
  • 1944
    View loans »
    Philippines Loans Fundraising
  • $61,098,225
    Funds lent in using Kiva
  • 42.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Loida to purchase drinks, medicines, breads and canned goods.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Mar 29, 2012
May 2, 2012
Currency Exchange Loss:
Oct 16, 2012