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Anita
Anita is 57 years old and married to a farmer. They live harmoniously in a rural community, planting and harvesting rice and vegetables for sale. Due to inadequate income, she runs a small variety store in their village to generate additional income. She aimed to improve the business and make it more profitable in order to support her family needs and save for future emergencies. She is asking for a loan of PHP 8,000.00 to buy additional stocks of canned goods, snack foods, noodles, soaps, beverages, seasonings, fruits and vegetables to sell. She is hoping that this financial assistance will help her to improve the business and make it more profitable in the 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

  • $1175
    Average annual income
  • 344
    View loans »
    Philippines Loans Fundraising
  • $50,773,375
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Anita to buy additional stocks of canned goods, snack foods, noodles, soaps, beverages, seasonings, fruits and vegetables to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 6, 2013
Listed
Feb 12, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2013