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Flora
Flora is a proud mother of four. She is now 57 years old. Flora operates a store selling grocery items to the people in her village. She had been in her business for 10 years now. Aside from offering good products, she extend good costumer service to her customers. She aims for more profitable business and that is why she is asking for a loan of P25,000 to invest in buying more merchandise for sale in her store. She will buy sardines, eggs, bread, biscuits and softdrinks to sell. She hopes to keep gaining good sales in order to save a fund for emergency purposes.

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
  • 1253
    View loans »
    Philippines Loans Fundraising
  • $57,800,425
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Flora to buy sardines, eggs, bread, biscuits and softdrinks to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2013
Listed
Feb 5, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 22, 2013