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Perla
Perla is 50 years old and married with three children. To sustain their daily needs and sustenance, Perla manages a store in which she sells grocery items at retail. She usually gains PHP 3,000 each month. Perla is now asking for a loan of PHP 13,000 to invest in expanding the business. She will buy soft drinks, biscuits, noodles, eggs and bread to sell. Though she only has a small business, Perla has a big heart in making her family live fortunately.

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
  • 1403
    View loans »
    Philippines Loans Fundraising
  • $59,122,500
    Funds lent in using Kiva
  • 41.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Perla to buy soft drinks, biscuits, noodles, eggs and bread to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 18, 2012
Listed
Nov 1, 2012
Currency Exchange Loss:
Possible
Ended:
May 24, 2013