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Irene
Irene is a responsible wife and mother to her two children. According to her, livestock and farming was her business before but due to her determination and wise management of her businesses she was able to save some amounts which she used in establishing her retail store.

Irene is not yet satisfied with the little success she experiences right now. Instead, she aspires for continuous, smooth flow of her businesses. With her desire to succeed in life and in business, she is requesting a loan of 15,000 PHP, which will be used for buying stock of merchandise such as canned goods, cooking oil, personal use items and assorted biscuits, as well as livestock feed for the hogs she raises. She hopes and prays that the lenders will continue to support her financially and grant her loan request so she can continue to expand her retail store and ensure proper growth of her hogs. In this way, she could earn greater income which will serve to improve of her family's way of living and secure their future.

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

  • $1175
    Average annual income
  • 842
    View loans »
    Philippines Loans Fundraising
  • $53,378,125
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Irene to be used for buying hog feed for the hogs she raises and merchandise for her retail store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 16, 2013
Listed
Jan 30, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 22, 2013