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Myrna
Myrna is from the village of Bagnos. She is 57 years old. Myrna is a responsible mother of eight children. She has a strong determination to lift up her family from poverty. Myrna is engaged in a food marketing business. She has a mini-grocery store in the market where she sells a variety of foods. She wants to expand her business. To make that possible, Myrna is requesting a loan of PHP 50,000 to buy vegetable oil, eggs, ginger, onions, garlic, salt and more food to sell. These additional items will help increase her sales and thus boost her profits. In the future, she wants to provide a progressive lifestyle for her family.

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
  • 1285
    View loans »
    Philippines Loans Fundraising
  • $57,866,175
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Myrna to buy vegetable oil, eggs, ginger, onions, garlic, salt and more food to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 11, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2013