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Lanie
Lanie didn't finish her studies due to lack of finances. She is now 28 years of age and happily married with four children. All her four children go to school. Lanie doesn't want her children to experience what she went through during her young age. So, at her best, she endures everything in order to give her family a better way of living.

Lanie offers chicken joy (a fried chicken dish) and intestine of chicken, using flour. People sometimes refer to it as "tokong." She sell her products within the high school of her local community. Through her dedication and help of her husband, she is able to increase her sales. Lanie plans to buy stock flour, sticks, cooking oil, and additional kilograms of chicken legs for her food sales business. With regards to her goal, she is seeking financial assistance amounting to 5,000 Philippine Pesos (PHP). She hopes and prays that this loan amount will be granted for her to have continuous growth of business and to secure her family's future.

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
  • 1509
    View loans »
    Philippines Loans Fundraising
  • $59,164,100
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Lanie to use in buying flour, oil, and chicken for her food production and sale business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 29, 2013
Listed
Feb 3, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 26, 2013