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Telfilo
Telfilo, 37 years of age, is married and blessed with two children. He has owned and operated a retail store in the village of Union for almost eight years. He's earning a net income of PHP 4,000 every month. He would like a loan of PHP 20,000 to purchase canned goods, biscuits, curls, and beverages. He's hoping that his loan will be granted so that he can earn a higher profit.

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
  • 1442
    View loans »
    Philippines Loans Fundraising
  • $59,259,575
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Telfilo to purchase canned goods, biscuits, curls, and beverages.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 20, 2013
Listed
Feb 28, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2013