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Amalia
Amalia is a responsible mother, who is engaged in direct selling of Herbal Medicinal products in the local community to generate income. She is 46 years old and was gifted with six children. She and her husband aimed to improve their standard of living, to give their children a better life.

In this regard, she wants to improve and strengthen her business to generate a higher income. Due to inadequate capital, she is asking for a loan of PHP 10,000 to buy additional inventory of Herbal Medicinal products to sell. Through this financial assistance, she believes that she will improve the business and make it more profitable in the 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

  • $7,000
    Average annual income
  • 1462
    View loans »
    Philippines Loans Fundraising
  • $59,362,100
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Amalia to buy additional inventory of Herbal Medicinal products for sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 18, 2013
Listed
Jan 30, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 23, 2013