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Lilibeth
Lilibeth has been engaged in the general store business for 12 years. She is thankful because her previous loan has had a great impact in increasing her sales.

She is doing her best to be successful in the business and is asking for a bigger capital of PHP25,000 to invests towards further development of her general store. She will use the loan in buying grocery items such as frozen foods, cooking oil, sugar, canned goods and autoload max (prepaid cell phone credits) for her general store.

She hopes for continuous access of loans so she can continue to obtain greater income, educate her three children, and sustain her family's well-being.

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

  • $7,000
    Average annual income
  • 1461
    View loans »
    Philippines Loans Fundraising
  • $59,381,200
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Lilibeth to buy grocery items such as frozen foods, cooking oil, sugar, canned goods and autoload max (prepaid cell phone credits) for her general store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2013
Listed
Feb 27, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 19, 2013