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Gladys
Being a responsible housewife, Gladys engages in selling snack foods in the local community to help her husband in generating income. She is 25 years old and was gifted with one child.

She and her husband aim to improve their status of living in order to build their own house and to give their child a better life. In this regard, Gladys aims to strengthen the business and make it more profitable. She is asking for additional capital of PHP 25,000 to buy raw ingredients like bananas, fish balls, meat, chicken heads, milk, gulaman and coconut juice to be cooked and sold in their community. She believes that someday, she will make more improvements in the business.

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
  • 1465
    View loans »
    Philippines Loans Fundraising
  • $59,150,875
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Gladys to buy raw ingredients like bananas, fish balls, meat, chicken heads, milk, gulaman and coconut juice to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 14, 2013
Listed
Feb 25, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 22, 2013