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Lailanie is business oriented woman. She currently manages her general store, piggery and 1000 square meter of flower garden in front of her house. She has been a good client for three years up to present. As she manages her businesses, her husband is also busy in running their five hectares of rice field. The couple were blessed with three children and currently goes to school.

Lailanie has been operating her general store for 10 years, same with her piggery. She desires to have a better way of living, educate her three children and have stable source of income in order to generate greater profits that will serve to her family needs.

Lailanie would like to ask for a loan of PHP50,000 allowing her to buy volumes of merchandise to be able to minimize her fare expenses in going to and from the market and encourage more costumer to buy the products she offers within the village she lives. She is hoping for development of her general store and other business being said. She believes that her hopes and dreams will come true through the continuous financial support given by all Kiva lenders to her in order to succeed.

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
  • 1074
    View loans »
    Philippines Loans Fundraising
  • $63,436,400
    Funds lent in using Kiva
  • 42.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Lailanie to buy volumes of merchandise for her general store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Aug 24, 2012
Sep 3, 2012
Currency Exchange Loss:
Mar 15, 2013