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Shirley
Shirley, age 37, runs a grocery business. She and her husband, who is a farmer, have one child. Her shop allows her to bring in a small income to supplement her spouse's income, and she sells her wares to the people in her village. She acquires PhP 10,000 each month and uses this income to supply her family with meals and to give her child a school allowance.

She would like to make her business profitable but presently has insufficient funds to ensure this outcome. She is therefore asking for a loan of PhP 20,000 in order to buy sardines, noodles, bread, soap, and shampoo to sell in her store. Shirley intends to continue expanding services to her customers to gain more revenue.

Shirley will be happy and proud to see her child become a professional in her career and to attain good employment 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
  • 1399
    View loans »
    Philippines Loans Fundraising
  • $59,123,575
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Shirley to buy sardines, noodles, bread, soap, and shampoo to sell in her store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2012
Listed
Nov 11, 2012
Currency Exchange Loss:
Possible
Ended:
May 24, 2013