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Nilda
Nilda is a hardworking mother who is raising her four children to be kind and helpful. She is married to a farmer, while she operates a small store for income. She sells grocery items and is in need of additional capital to invest in buying noodles, biscuits, bread, vinegar, cooking oil and soap to sell. This will help improve her sales and income. She is borrowing 17,000 PHP. She hopes to make her business profitable and gain a good income for her children's education expenses.

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
  • 301
    View loans »
    Philippines Loans Fundraising
  • $50,732,625
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Nilda to buy noodles, biscuits, bread, vinegar, cooking oil and soap to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2012
Listed
Nov 7, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 22, 2013