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Serblin
Serblin is a 46-year-old married woman and a mother of seven children.

For the past two years, Serblin has been running a grocery store, which has been a profitable project but not enough to cover all her expenses.

She is requesting a PHP 10,000 loan from ASKI to help her cover the cost of purchasing a variety of products and groceries to sell, such as rice, milk, sugar, and cooking oil. This will enable Serblin to offer customers all the types of groceries they often request and buy. This will increase sales and improve the family's income.

Serblin's photo was taken inside her grocery store.

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
  • 1248
    View loans »
    Philippines Loans Fundraising
  • $57,895,900
    Funds lent in using Kiva
  • 42.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Serblin to buy rice, milk, sugar, and cooking oil.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2012
Listed
May 6, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2012