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Noemi
Noemi has a business selling surplus spare parts for vehicles. Her partner in managing the business is her husband. They have managed the business for eight years, and still hope to develop their business further. Noemi started the business by buying and selling in different villages. Once they had enough earnings, they decided to put up a stall in front of their house.

Noemi has not stopped dreaming. At present, her dreams include having their own car, a better house for more comfortable living, and sending their four children to school to finish their education.

Noemi wants to sell rare spare parts that they seldom have to sell. Therefore, she is asking for a loan of 30,000 PHP to buy spare parts to sell. She and her husband will work hard to bring her dreams to fruition.

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
  • 857
    View loans »
    Philippines Loans Fundraising
  • $54,399,900
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Noemi to buy spare parts to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
May 24, 2013