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Lenie
Lenie manages a fishpond, hog raising, corn farm and retail store. She has run her fish pond, corn farm and hog raising since 1990 while her retail store is still just three years in operation. Lenie lives with her husband and four children.

Lenie aims to have a progressive and profitable business someday.With her determination to attain it, she endures all trials in order to become a successful entreprenuer someday. Lenie's fish pond, corn farm and hog raising are already stable, but now she struggles with a shortage of capital for her retail store due to some in her neighborhood paying on credit.

For this reason, she is seeking additional capital amounting to PHP 15,000.This amount will be used in buying groceries such as cooking ingredients,cases of soft drinks, snack foods, biscuits, frozen foods and raw meat such as chicken and pork for her retail store. She knows that completeness of her merchandise will help her in attaining her goals in life. In addition, she could also earn higher income and supply all her customers' needs. In this situation, she could obtain better income which will enable her to support her children's education and secure her family's 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
  • 949
    View loans »
    Philippines Loans Fundraising
  • $53,431,325
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Lenie to buy groceries such as cooking ingredients,cases of soft drinks, snack foods, biscuits, frozen foods and raw meat such as chicken and pork for her retail store.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 12, 2013
Listed
Feb 14, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2013