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Elsie
Elsie is a 50-year-old fish vendor. She sells fresh and dried fish in the community. Despite her age, she is working hard for the sake of her two children. She is always looking for a way to make a better living. Elsie is requesting a loan of PHP 7,000 to utilize in her business, specifically to buy more dried fish, which will improve and enhance her daily income.

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
  • 272
    View loans »
    Philippines Loans Fundraising
  • $52,821,850
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Elsie to buy more dried fish to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 7, 2013
Listed
Feb 20, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2013