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Adriano
With his determination to succeed and easily provide for his family needs, Adriano has engaged himself in the retailing business. He sells a variety of accessories like sunglasses, flashlights, hats and mirrors in the public market.

Adriano is married and blessed with six children. His children are all in school. His wife is his partner in managing their business. Adriano dreams of maintaining and developing the business to gain a higher income. He plans to sell other products for an additional source of income.

Adriano decided to take out a loan of PHP 50,000 to buy school supplies, radio cassettes and "radio bass". He hopes to proceed with his plan and earn additional income.

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
  • 360
    View loans »
    Philippines Loans Fundraising
  • $50,851,300
    Funds lent in using Kiva
  • 42.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Adriano to buy school supplies, radio cassettes and "radio bass".
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2012
Listed
Jul 2, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012