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Eleonor
Due to hardships of living, Eleonor runs a small eatery in their community. She is 41 years old and has four school-age children. She aimed to improve her business to generate sufficient income to help her husband in financing the education of their children. Despite problems and difficulties in life, she has the determination to pursue the business. She planned to sell different grocery items and cook more recipes to satisfy her customers' demand. Due to financial difficulties, she is asking for an additional capital of P10,000.00 to buy grocery items, soft drinks, meat, vegetables and ingredients needed in preparing the recipes. Through her patience and hard work, she believes that she can make the business grow and be a profitable source of income.

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
  • 1141
    View loans »
    Philippines Loans Fundraising
  • $54,566,475
    Funds lent in using Kiva
  • 41.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Eleonor to buy grocery items, soft drinks, meat, vegetables and ingredients needed in preparing the recipes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 17, 2012
Listed
Nov 4, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 20, 2013