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Breni
Breni is happily married and blessed with three grown up children. Hard work, focus and patience have been Breni's secrets to running her businesses. Her first business was a retail store, but due to some uncollected credits, her business struggled into bankruptcy. Breni then entered into a new business selling viand and frozen foods. By adapting new marketing strategies and focusing on her food production business, she has been able to increase her sales and profit.

Breni just opened her retail store last October. She hopes that she can make her retail store a viable source of income. Her main priority now is increasing the stocks of her groceries. She is requesting a loan of PHP 15,000 to buy merchandise such as junk foods, soft drinks and different kinds of vegetables. She knows that this amount will keep her business growing smoothly.

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
  • 333
    View loans »
    Philippines Loans Fundraising
  • $50,765,025
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Breni to buy merchandise, such as junk foods, soft drinks and different kinds of vegetables, to sell in her general store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 15, 2013
Listed
Feb 18, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2013