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Christia Lyn
Christia Lyn is now 24 years old, married, and has one infant child. To generate income, she chose to manage an eatery located beside the public highway while her husband works in one of the microfinance institutions. She aimed to strengthen the business and make it a viable source of income. She has been operating it for almost two years and usually earns a profit of 10,000 PHP/month that she usually spends for their food and clothing and saves for their future.

She planned to prepare more recipes daily to satisfy her customers' demand but due to insufficient capital, she is asking for an additional of 50,000 PHP to buy raw ingredients such as pork, fish, chicken, soft drinks, chips, and mineral waters to sell in the eatery. She believes that her strong faith and determination will help her to improve the business and to make her dream comes 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
  • 1290
    View loans »
    Philippines Loans Fundraising
  • $56,442,200
    Funds lent in using Kiva
  • 41.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Christia Lyn to buy raw ingredients, chips, soft drinks, and mineral waters to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 30, 2012
Listed
Aug 13, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2013