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Wilson
In addition to farming, Wilson engages in a retailing business selling drinks, breads and spices. He has been in the business for eight years. Wilson shares that his profits from the business almost always went for his children's education. He also shares that at present their living conditions don’t have any improvement because he always prioritizes his three children's needs in school in pursuing their education.

At all times, Wilson looks for the improvement of his business. His goal is to increase his earnings to continue supporting his three children's needs in pursuing their education. Wilson wishes for a loan of PHP 40,000 to buy beverages, canned goods, eggs and soap. In the future, his children will finish their education and see his effort in carrying his 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
  • 1489
    View loans »
    Philippines Loans Fundraising
  • $59,226,550
    Funds lent in using Kiva
  • 40.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Wilson to buy beverages, canned goods, eggs and soap.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 14, 2012
Listed
Jan 7, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 22, 2013