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Felymar
Felymar is 56 years old, married, and has three children. She is a housewife and an entreprenuer who sews school uniforms, curtains and tablecloths to sell. She had been doing this for over 10 years now and usually earns P5,000 monthly.

Now she is asking for a loan of P33,000 to buy thread, fabric and machine oils used in her sewing business. She has insufficient funds because some of her money was used to pay school fees and an allowance for her youngest child, who is currently attending college.

With a continuous income from the business and the success of her children, the family will achieve a better way of living someday.

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
  • 239
    View loans »
    Philippines Loans Fundraising
  • $50,669,475
    Funds lent in using Kiva
  • 41.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Felymar to buy thread, fabric and machine oils used in her sewing business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 10, 2012
Listed
Sep 8, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013