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Amalia
Amalia is 53 and has three adult children. She helps her husband in managing their water sales business. They offer water in their community and are one of the top performance water dealers in the area. Through their strong determination and perseverance, they make their business profitable, and their income is sufficient to satisfy their needs and finance their children's education.

Amalia and her husband aim to continue and improve the business because they have more customers who keep on ordering from them. Due to inadequate capital, Amalia is asking for a loan of PHP 25,000 to buy water gallons and to maintain their equipment. They believe that the loan will help them make more gallons of water and earn more income. They are hoping that they will make their business grow and have a bright future.

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
  • 279
    View loans »
    Philippines Loans Fundraising
  • $52,221,600
    Funds lent in using Kiva
  • 41.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Amalia to buy water gallons and to maintain their equipment.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 24, 2012
Listed
Sep 16, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013