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Elyn
Elyn is 32 years old and has two children attending school. She has been operating her small store for two years now. She would like to increase her income, so she is borrowing a loan of P5,000 to buy canned goods, noodles, biscuits, and shampoo to sell in her store.

Someday, she hopes to make the business more profitable to save for her children's educations.

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
  • 389
    View loans »
    Philippines Loans Fundraising
  • $50,847,100
    Funds lent in using Kiva
  • 42.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Elyn to buy canned goods, noodles, biscuits, and shampoo to sell in her store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 20, 2012
Listed
May 3, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2012