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Skyline
Skyline, age 34, began her business because she needed a way to generate income when she found herself hardly able to provide the needs of her children. She wants to keep growing her business, but with an increase in demand, she doesn't have enough capital to keep up. For this reason, she is asking for a loan of PHP 25,000 to purchase vegetables, meat and soft drinks. Her goal is to have a large well-known restaurant and for her stall to make more money and provide employment through hiring waitresses in her restaurant. She hopes to achieve her objective soon.

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
  • 229
    View loans »
    Philippines Loans Fundraising
  • $53,045,000
    Funds lent in using Kiva
  • 41.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Skyline to purchase vegetables, meat and soft drinks.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 12, 2012
Listed
Sep 29, 2012
Currency Exchange Loss:
Possible
Ended:
May 24, 2013