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Gina
Gina is a hard working mother who runs a small variety store in her village. She is 36 years old, married, and has three school-aged children. Being responsible parents, Gina and her husband are striving to improve their living conditions in order to continue sending their children to school. They hope that their children will earn degrees and find good jobs in the future.

Despite their hardships, they have the determination to achieve their goals. Gina seeks to improve her small variety store in order to generate sufficient income for her family. To improve the business, she is asking for a loan of 5,000 PHP to buy more stocks of breads, noodles, canned goods, soft drinks, beverages, fruits, and vegetables to sell in her store.

Through hard work and perseverance, she believes that they will become financially stable in the future.

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
  • 1394
    View loans »
    Philippines Loans Fundraising
  • $59,123,575
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Gina to buy more stocks of breads, noodles, canned goods, soft drinks, beverages, fruits, and vegetables.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 14, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 22, 2013