Check out some available loans that are similar to this one!
Mary Helma
Mary Helma has been a seamstress for more than 20 years. She is married and has two children, both married. She is a hard-working woman who wants to get ahead in life. Mary Helma is really thankful to God because since joining the program of ASKI, she has been able to improve the quality of her sewn dresses which has made her business grow. Now she has a lot of customers. She had started to borrow additional capital in 2005. Her profits were used to buy a single motorcycle, which is useful in the delivery of her finished products. Mary Helma maintains her good track record to date and is asking for another loan amount of 20,000 PHP. This amount will be used to buy garments, thread and a zigzag machine to make her work easier and to be able to produce more dresses and curtains to sell. Mary Helma is looking forward to the approval of her requested loan amount.

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
  • 1098
    View loans »
    Philippines Loans Fundraising
  • $54,704,675
    Funds lent in using Kiva
  • 41.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Mary Helma to buy garments, thread and a zigzag machine for her sewing business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 9, 2012
Listed
Aug 14, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 22, 2013