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Allan
Allan is 33 years old, married, and has two infant-age children. He didn't enter into higher levels of education due to the lack of funds. Even though he didn't finished his studies, he didn't lose his hopes in life; instead it pushed him toward new opportunities and challenges.

Allan said, "Fishing is just like trial and error." He says these words because he has gone through many trials and errors in his everyday fishing. Sometimes he only gets a few eels because of his strategies and due to the kind of rod he uses in fishing. Allan wants to earn more income because he feels badly when he can't give his children what they need because he can't afford it due to the unstable business he has. His situation really pushes him to work hard and adopt new strategies in proper fishing so he can increase the kilograms of eels he gets.

Now, he would like to buy a Motolite battery, a flashlight, wire, a rod and a condenser so he can avoid any trouble during his fishing time. For this reason, he is requesting a loan of PHP5,000. He hopes to get this loan so he can get ahead in life and improve his fish selling business.

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
  • 883
    View loans »
    Philippines Loans Fundraising
  • $54,390,175
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Allan to buy a Motolite battery, a flashlight, rod, wire and condenser which will be used in getting freshwater eels for his fish vending activity.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 29, 2013
Listed
Feb 4, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2013