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Sherlie
Sherlie, 31 years old, is married to a tricycle driver and was blessed with three children. She has owned and managed a motorcycle transport business for almost three years. She wants to access a loan in the amount of 7,000 PHP to pay for the repairs and maintenance of her motorcycle. Her monthly net income is 12,000 PHP. Her profits are usually spent to pay for the family's daily expenses. She hopes that the requested loan will be granted so that her business will become more profitable.

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
  • 1480
    View loans »
    Philippines Loans Fundraising
  • $59,394,700
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Sherlie to pay for the repairs and maintenance of her motorycle.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 10, 2013
Listed
Jan 30, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013