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Irene
Irene is 30 years old, married, and lives with her husband and two school-aged children in the province of Isabela. She is a very devoted mother and she works hard at providing motorcycle services. She tries to ensure that her passengers are comfortable on the road and arrive on time.

Irene is applying for a loan of PHP 15,000 to buy spare parts for her motorcycle, including new tires. She dreams of earning enough money to repair and improve her house so that her children will have a more comfortable life.

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
  • 1507
    View loans »
    Philippines Loans Fundraising
  • $59,194,375
    Funds lent in using Kiva
  • 40.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Irene to buy spare parts for her motorcycle, including new tires.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 18, 2012
Listed
Jan 8, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2013