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Trinidad
Regardless of her difficulties, Trinidad aims to become financially stable in the future. She is 52 years old and who engages in selling AVON, MSE, and NATASHA products. She also runs a general store in the community and has been operating the business for almost three years. With these businesses, she usually earns a profit of PHP8, 000 a month, which she utilizes for their basic necessities, such as food. She wants to increase her product offerings to satisfy her customers' demands. But due to inadequate capital, she is asking for a loan of PHP15, 000 to order the requested products for her customers from AVON, MSE, and NATASHA. She will also use the loan to buy soft drinks, canned goods, noodles and soaps for resale. Through hard work, she believes that she will be able to improve her businesses and make them more advantageous and profitable.

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
  • 365
    View loans »
    Philippines Loans Fundraising
  • $50,851,300
    Funds lent in using Kiva
  • 40.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Trinidad to order the requested products for her customers in AVON, MSE, NATASHA and to buy soft drinks, canned goods, noodles and soaps for resale.
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:
May 24, 2013