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Arlene
Arlene is 41 years old and has one child, who attends elementary school.

She has been running her sari-sari store business for nine years. Arlene has been steadily growing her small store over the years of managing her business.

Arlene dreams that her sari-sari store will become a grocery store someday. She is asking for a loan of PHP 50,000 to buy grocery items, like condiments, drinks, breads and powder milk for babies.

She hopes to increase her profit, which she will use to improve the business and help her achieve her dream someday.

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
  • 306
    View loans »
    Philippines Loans Fundraising
  • $50,732,625
    Funds lent in using Kiva
  • 40.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Arlene to buy grocery items, like condiments, drinks, breads and milk for babies.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 13, 2013
Listed
Mar 8, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2013