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Grace
Grace is 42 years old and has been running a grocery store for the past six years. She is proud to have improved her family’s lifestyle. To ensure continued improvement in their life, Grace conducts her business with patience and perseverance. She is requesting a 20,000 PHP loan to buy additional groceries to sell, such as noodles, soft drinks and biscuits. She hopes her loyal customers will continue to buy her goods, which will help her lift her family out of poverty.

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
  • 1050
    View loans »
    Philippines Loans Fundraising
  • $54,557,775
    Funds lent in using Kiva
  • 41.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Grace to buy additional groceries to sell in her general store, such as noodles, soft drinks and biscuits.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 11, 2012
Listed
Nov 4, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 22, 2013