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Elimar is 36-years-old, and married with three children. His responsibility is to give a good way of living to his family, but so far isn’t able to achieve it. This is due to the difficult living and poor economic stability plus the fact that his tricycle has poor performance. So no matter how he has tried to strive, he keeps on falling. But Elimar still has big faith and hope. He dreams to have a higher income from his transportation business and could attain this through requesting a loan of PHP 12,000 to use in the overhaul repair of his tricycle. He hopes that after providing for the needs of his tricycle, he would be blessed with a higher income.

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
  • 1852
    View loans »
    Philippines Loans Fundraising
  • $61,096,775
    Funds lent in using Kiva
  • 41.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Elimar to use in the overhaul repair of his tricycle.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Aug 23, 2012
Sep 10, 2012
Currency Exchange Loss:
Feb 15, 2013