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Adelina
Adelina is married and has eight children who live separately. She lives in San Roque. She still generates an income for her family's sustenance and does not only rely on her children's contributions.

Adelina and her husband are involved in hauling junk and other recyclable materials and reselling for a profit. They earn 10,000 PHP each month. Though it was quite difficult to be involved in this kind of business they patiently operates it for their income.

Adelina is requesting a loan for 25,000 PHP, which she will use to buy more junk products such as old newspapers, bottles, and metals to resell. She hopes to save funds to use in times of emergencies as she and her husband are getting older.

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
  • 1459
    View loans »
    Philippines Loans Fundraising
  • $59,362,100
    Funds lent in using Kiva
  • 41.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Adelina to purchase old newspapers, bottles, and metals to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 28, 2012
Listed
Sep 13, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013