Check out some available loans that are similar to this one!
Marilou
Marilou is 53 years old – a very industrious mom and wife. With her strategic mind and good budgeting style, she is able to send her five children to school. The only business she has is selling snacks in the school canteen, but she has promoted her children’s educational needs. As she says, the income she generates from her business is carefully utilized in order to continue to prosper.

Now, to develop more income, she is borrowing 20,000 Philippine pesos to buy snack foods, noodles, soft drinks and other basic materials for cooking sweets such as sugar and milk. She hopes that she can get the amount she requested to further develop her business.

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
  • 1401
    View loans »
    Philippines Loans Fundraising
  • $59,123,575
    Funds lent in using Kiva
  • 41.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Marilou to buy snack foods, noodles, soft drinks and other basic materials for cooking sweets such as sugar and milk.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 5, 2012
Listed
Oct 14, 2012
Currency Exchange Loss:
Possible
Ended:
May 24, 2013