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Sheryl
Sheryl is 24 years old and is married to Reden, a father who helps her to meet their needs. Sheryl is engaged in a direct-selling business. She has been doing this for two years and earns about 1,500 PHP a month. Sheryl wants to have more products to sell. For this reason, Sheryl is asking for a loan in the amount of 10,000 PHP to buy shampoo, powder and soap to sell in the local community. She believes that through her loan, she will be able to obtain the products that she wants to sell.

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
  • 950
    View loans »
    Philippines Loans Fundraising
  • $53,431,325
    Funds lent in using Kiva
  • 41.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Sheryl to buy shampoo, powder and soap to sell in the local community.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 26, 2012
Listed
Oct 5, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 22, 2013