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Lyra
Lyra is 35 years old and has three children who attend school. They live in rural community planting and harvesting rice and vegetables to sell. To earn additional income, Lyra runs a small variety store in her community.

Lyra is requesting a loan for 15,000 PHP, which she use to buy additional stocks of snack foods, candies, beverages, noodles, canned goods, soft drinks and seasonings to sell. She believes that this loan will enable her to make an improvement in her business. She hopes to make it more profitable in order to satisfy her family's necessities and continue sending her children to school.

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
  • 1337
    View loans »
    Philippines Loans Fundraising
  • $57,861,200
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Lyra to purchase snack foods, candies, beverages, noodles, canned goods, soft drinks, and seasonings.
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:
Jun 22, 2013