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Mildred
Mildred is 37 years old and married to a driver. They are harmoniously residing together with their four children in the village of Calaoagan. Together with her husband she bought a motorcycle to use for their transportation business. She has managed a motorcycle transport business for almost seven months, and is earning a net income of PHP 9,000 a month. She would like to request a loan amounting to PHP 10,000 to pay for the repairs and maintenance of their motorcycle. She's hoping that her requested loan will be granted so that she can continue to improve her 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

  • $1175
    Average annual income
  • 1005
    View loans »
    Philippines Loans Fundraising
  • $54,488,350
    Funds lent in using Kiva
  • 40.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Mildred to pay for the repairs and maintenance of their motorcycle.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 20, 2013
Listed
Mar 11, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2013