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Melly
Melly's interest is in cooking different kinds of recipe.Through her interest in cooking, she established her own restaurant. Now she has been running her restaurant for eight years and six months. She is thankful because her husband is supportive in making their restaurant profitable. Melly is a friendly and hard working woman. She is happily married to a farmer and tricycle driver.

Melly's husband is engaged in the transportation business. With their sacrifices and wise management of their restaurant and transportation business, the couple obtains better income, which they invested in their rice field and in buying their single motor and motorcycle transport. With the success she obtains, Melly still hopes for continuous improvement. For this reason, she is asking for a loan of PHP 30,000 to buy ingredients, vegetables, soft drinks and raw meat such as pork, chicken and beef for her restaurant business. She hopes that through this loan she requested, she can keep her restaurant profitable and ensure satisfaction for all her valued customers.

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
  • $52,723,450
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Melly to buy ingredients, vegetables, soft drinks and raw meat such as pork,chicken and beef for her restaurant business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 14, 2013
Listed
Feb 15, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 22, 2013