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Emma
Emma is a retail store owner in Enrile. She sells grocery items to the people in her village. She is 35 years old, married and has two children. She patiently attends her customers needs and would like to keep improving it. That is why she is asking for a loan of PHP 9,000 to buy sardines, eggs, biscuits, noodles and soap to sell in her store. This will help increase sales capacity and income as well.

Someday, gaining more income and good customers will help Emma achieve her goal of business development.

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
  • 1254
    View loans »
    Philippines Loans Fundraising
  • $57,800,425
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Emma restock her store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 22, 2013
Listed
Jan 30, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2013