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Grace is a business oriented and hard working woman. She is married and blessed with three children. Her youngest child is still studying while the other two are out of school.

Grace's spouse is a tricycle driver. The couple desires to have a comfortable lifestyle and have a stable source of income so she can supply all their daily household needs and educate her youngest child. Grace is happy to see that her direct selling and networking business is improving. She is glad because her networking business which sells herbal products has increased her income. She started this networking business in September which makes it about four months old. In order for her to obtain her goal in life, she is asking for additional capital of PHP30, 000, allowing her to stock herbal products such as food supplements, coffee, juice drinks and other products. She knows that through adaptation of new marketing strategies and increasing the products she offers to her local community she will be able to attain her goals in life. Grace hopes that the lenders will continue to support her financially so she can have continuous growth of her direct selling and networking 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
  • 1865
    View loans »
    Philippines Loans Fundraising
  • $61,075,150
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Grace to buy herbal products such as food supplements, coffee, juice drinks and other products for her networking business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jan 15, 2013
Jan 30, 2013
Currency Exchange Loss:
Aug 23, 2013