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Imelda
Imelda manages a hog raising, farming, direct-selling business and grows vegetables to sell in her backyard. She has managed her farming and hog raising business since 2006 while her direct-selling business has been underway for five years. Imelda would like to her business to succeed and become a well respected business in her town so she's doing all her best in order to fulfill her dreams in life.

Imelda is married and blessed with three children. Two of her children are still studying while the other helps on the farm. Since her direct selling is going well, she is in need of additional capital to supply and satisfy the costumer demand. For this reason, she is seeking a loan for PHP 40,000. This amount will be used to buy herbal products such as juice, coffee, regrowth shampoo and foot powder for her retail business. She hopes and prays for approval of her requested loan amount.

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
  • 316
    View loans »
    Philippines Loans Fundraising
  • $52,723,450
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Imelda to buy herbal juice, coffee, shampoo and foot powder for her retail business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 15, 2013
Listed
Feb 18, 2013
Currency Exchange Loss:
Possible
Ended:
May 24, 2013