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Gina May
Due to financial difficulty, Gina May did not pursue her studies in college. Despite this, she did not lose hope and decided to engage in a business to earn and save toward continuing her studies later. With a small amount of capital, she started a small variety store in her village to generate income.

Gina May aims to improve her variety store by increasing her product offerings, but she has inadequate capital. She is requesting a loan of PHP 9,000 to buy additional stock of grocery items, soft drinks, fruits and vegetables for sale.

Gina May is hoping that this financial assistance will help her to improve the business and earn more income so she can continue her studies 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

  • $1175
    Average annual income
  • 263
    View loans »
    Philippines Loans Fundraising
  • $53,055,900
    Funds lent in using Kiva
  • 41.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Gina May to buy stock of grocery items, soft drinks, fruits and vegetables for sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 16, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
May 24, 2013