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Myra is very diligent person. She is 44 years old, married with three grown-up children. Myra has been engaged in selling recycled products for three years. Myra is requesting a loan of Php 11,000 to buy used materials in the community. She hopes that her business will expand to be able to provide the needs of her 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

  • $7,000
    Average annual income
  • 899
    View loans »
    Philippines Loans Fundraising
  • $63,400,500
    Funds lent in using Kiva
  • 41.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Myra to buy more materials to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Sep 6, 2012
Oct 9, 2012
Currency Exchange Loss:
May 24, 2013