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Elsa
Elsa lives at Lalog 1 with her spouse and children.

To make a living, her spouse provides daily motorcycle transport services to the people in their village. This way, the family earns about PHP 300 each day and has just enough for meals and daily expenses.

Elsa would like to make improvements on their business so that their income will increase. She would like to ask for a loan of PHP 15,000 to pay for franchise renewal and buy tires and crude oil for the motorcycle. She would like to ensure safe travel for the passengers and for her husband as well. Elsa is also praying for good health and a happy family.

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
  • 1016
    View loans »
    Philippines Loans Fundraising
  • $54,447,850
    Funds lent in using Kiva
  • 41.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Elsa to pay for franchise renewal and buy tires and crude oil for the motorcycle.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 26, 2012
Listed
Oct 4, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013