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Ana
Ana is 37 years old, married, and blessed with two children. She is lucky to be married to a seaman. At present, she acts as a mother and father to their children while her husband is working abroad on a ship.

Being the head of the family, Ana works hard to meet her children's needs. With her determination to help her husband even in a simple way, she invests her husband remittances in a grocery business to generate income. Ana is selling a variety of commodities like junk food, diapers, and milk for babies.

Ana wants to extend her business. She is requesting a loan of PHP 50,000 to buy shampoo, soap, and spices to sell. She hopes to extend the business, earn higher income, and grow her 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

  • $7,000
    Average annual income
  • 1502
    View loans »
    Philippines Loans Fundraising
  • $59,173,600
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Ana to buy shampoo, soap, and spices to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 16, 2013
Listed
Feb 10, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2013