Check out some available loans that are similar to this one!
Aurora
Aurora lives peacefully at Anquiray, with her spouse and children. She and her spouse were blessed with five children. Aurora manages a store for income. She has sold grocery items for over 10 years, and she earns approximately 300 PHP daily. She uses her income for meals, bills at home, and school expenses of her children.

She asked for a loan of PHP 25,000, so she will have revolving capital. This will enable her to continously offer good products. She will buy more grocery items to resell, such as sardines, coffee, bread, eggs and noodles. This will help Aurora to incease sales capacity and to extend good customer service to all who buy merchandise in her store.

The additional profit she earns as a result of the loan, she will invest in her children's schooling, so they can acquire good employment some day.

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
  • 945
    View loans »
    Philippines Loans Fundraising
  • $53,438,925
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Aurora to buy more grocery items to resell, such as sardines, coffee, bread, eggs and noodles.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2013
Listed
Jan 30, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2013