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Elvira
Elvira has been a meat vendor since 1990. She is 47 years of age and married with six children. All her six children settled for marriage and have their own families already. Her spouse works as a butcher within their local community.

Elvira works hard to get ahead in life. She wakes up early in the morning to prepare fresh cuts of meat to sell. She would like to increase the kilograms she sells due to the many customers who go to her butcher shop. For this reason, she needs more capital in order to supply all her customers. In regard to this matter, she is asking for a loan of PHP25,000 which will allow her to buy more hogs. She knows that this loan amount would really have a great impact on the smooth flow of her business.

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
  • 1071
    View loans »
    Philippines Loans Fundraising
  • $57,757,925
    Funds lent in using Kiva
  • 40.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Elvira to buy more hogs to be sold in her butcher shop.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 27, 2012
Listed
Jan 4, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 22, 2013