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Erlinda
Erlinda is 49 years-of age, married and blessed with two children. Her husband operates a farming business as a source of income. Their children are studying in college. To supplement the income of her husband, Erlinda engages in fruit and vegetable vending.

Erlinda wants to create prosperity in her business in order to support the basic necessities of her family. For this reason she is requesting a loan of PHP 25,000 to buy more bananas and vegetables to sell in the public market. She hopes that with the loan, she will achieve her desired profits to save for her children’s 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
  • 1256
    View loans »
    Philippines Loans Fundraising
  • $57,883,475
    Funds lent in using Kiva
  • 41.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Erlinda to buy more bananas and vegetables.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 12, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
May 24, 2013