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Emilie
Emilie, 42, is a single mother with one child. For almost ten years, she has owned and operated a vegetable vending business; she also sells some condiments for additional income. She earns a net income of 15,000 PHP a month.

Emilie is requesting a loan of 50,000 PHP to purchase cabbage, sweet potatoes, onion, ginger, and garlic to sell at the public market. Her profits usually go to her daily expenditures and to her child's school costs.

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
  • 371
    View loans »
    Philippines Loans Fundraising
  • $50,808,425
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Emilie to purchase cabbage, sweet potatoes, onion, ginger, and garlic for sale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 8, 2013
Listed
Feb 12, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 26, 2013