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Liela
Liela is 35 years old. She is from the town of Cabatuan. Liela is married with two children. Right now, Liela is engaged in direct-selling business. She has been in this business for three years and she usually receives a net income of PHP 2,000 every month.

At this moment, Liela wants to have additional capital. In this regard, Liela is requesting a loan in the amount of PHP 25,000 to purchase lotion, lipstick, shoes, t-shirts and cologne to offer and sell in their village. She believes that through her small business she will be able to see her dream come true.

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
  • 373
    View loans »
    Philippines Loans Fundraising
  • $50,935,875
    Funds lent in using Kiva
  • 42.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Liela to purchase lotion, lipstick, shoes, t-shirts and cologne to offer and sell in their village.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 5, 2012
Listed
Aug 4, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012