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Alice
Alice is 42 years old, married and has children attending to school. Her spouse provides motorcycle transport services, from which they gain income of about 3,000 Philippines pesos (P) each month that goes for their sustenance. She is now asking for P7,000 to buy tires and gasoline used in the transport business. This will help her spouse continuously provide the service.

The couple's main goal in life is to give the best education to their children as the greatest legacy to pass on to them.

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
  • 289
    View loans »
    Philippines Loans Fundraising
  • $52,219,050
    Funds lent in using Kiva
  • 41.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Alice to buy tires and gasoline used in her transport business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 29, 2012
Listed
Sep 20, 2012
Currency Exchange Loss:
Possible
Ended:
May 24, 2013