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Nolia
Nolia is hard-working and full of hope in life. She has owned and run a variety store for six years. Nolia would like to have a growing business someday, and she is doing her very best to make that happen.

Nolia plans to buy stock of merchandise such as cooking oil, ingredients, shampoo, detergent soap, and soft drinks for her variety store, but she struggles with a shortage of capital. She is asking for additional capital of 10,000 PHP. She hopes this loan will help her expand her variety store and provide satisfaction to all her customers.

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
  • 1153
    View loans »
    Philippines Loans Fundraising
  • $54,657,450
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Nolia to buy supplies for her variety store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 17, 2013
Listed
Jan 30, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 22, 2013