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In order to meet the challenge of financial difficulties, Christy aims to improve her small variety store and generate more income. Christy is 26 years old, married, and has three siblings. Two of them are presently in grade school, and Christy's family wants them to continue their studies so that they can earn degrees.

To this end, Christy is asking for additional capital of 10,000 PHP to buy stock for her store such as snack foods, beverages, noodles, canned goods, soaps, eggs, soft drinks, and seasonings. She hopes that her business will continuously grow and become more profitable in order to provide for her family's needs.

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
  • 711
    View loans »
    Philippines Loans Fundraising
  • $63,241,750
    Funds lent in using Kiva
  • 40.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Christy to stock her general store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Feb 21, 2013
Feb 27, 2013
Currency Exchange Loss:
Sep 19, 2013