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Imelda, 40, is married and has four school-age children. Due to lack of job opportunities, she engages herself in buying and selling footwear in the Public market to supplement her husband's income. Being responsible parents, they aim to continue sending their children to school so that they will earn a degree and find a good job someday.

Despite the problems and difficulties she has encountered in life, she has the determination to improve her business. She is asking for a loan of 15,000.00 PHP to buy additional stocks of shoes, slippers, and sandals for sale. She mentioned that this financial assistance will help her to improve the business and hopes that she will become financially stable someday.

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
  • 1647
    View loans »
    Philippines Loans Fundraising
  • $59,025,175
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Imelda to buy additional stocks of shoes, slippers, and sandals for sale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Oct 11, 2012
Nov 5, 2012
Currency Exchange Loss:
Feb 15, 2013