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Zenaida
Zenaida is 53 years old and operates an eatery as a source of income. She has been operating her business for 12 years and earns 5,000 PHP monthly. With her family's daily expenses, this amount is not enough. She wants to increase her sales and needs a loan amount of 20,000 PHP to buy meat, vegetables, bread, and rice. She hopes this loan will contribute to the success of her business and, therefore, improve her living conditions.

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
  • 299
    View loans »
    Philippines Loans Fundraising
  • $52,105,400
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Zenaida to buy meat, vegetables, bread, and rice.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 29, 2013
Listed
Feb 12, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2013