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Heizel
Heizel is the eldest among five siblings. She is 27 years of age and single.

At the age of 23 years old, she tried her luck at business. Heizel runs her rice retailing business. Though it’s quite hard to manage a business, she does her best in order to help her parents in generating funds. Heizel’s gained income goes towards her daily necessities, payment for her rice stall and motorcycle, and allowances for her four siblings.

Heizel is able to dispose of 500 sacks of rice in a month. She wants to re-stock her rice stall. That’s the reason why she’s asking for additional capital of PHP 50,000. This amount of loan will be used to buy sacks of rice. She hopes for approval of her requested loan amount, so she can provide customer satisfaction and earn better income for her family's necessities.

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
  • 397
    View loans »
    Philippines Loans Fundraising
  • $52,107,900
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Heizel to buy sacks of rice for her retail business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 26, 2013
Listed
Mar 4, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2013