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Yolanda
Yolanda is a 49-year-old mother of three who owns and manages a small variety store in her village. Her goal is to improve her business and help her husband pay for their children’s education. They want their children to earn degrees and become professionals someday. Despite the hardships in life, they have the determination to improve their business and continue to send their children to school.

Yolanda is asking for a loan of 10,000 PHP to buy soft drinks, shampoo, detergent, snack food, beverages, canned goods, candies, biscuits and seasonings to sell in her store. She believes that through patience and hard work the business will improve and become more viable 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
  • 1334
    View loans »
    Philippines Loans Fundraising
  • $57,860,075
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Yolanda to buy soft drinks, shampoo, detergents, snack food, beverages, canned goods, candies, biscuits and seasonings to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 16, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 21, 2013