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Avelina
Avelina lives with her life partner and son. She owns a store in which she sells necessity products such as rice, beans, bread, milk, eggs, sugar, and soap, among other things. She has had the business for many years now, which has given her sales experience and has allowed her to always make the best profits. She is well known in her area, and people recommend her store because it is always well stocked. She always has what people need at good prices and offers good-quality products and excellent customer service.

Avelina is a dedicated and hard-working woman. She is energetic and motivated to get ahead in life; she enjoys fighting for her dreams. She knows that if she works hard, she can achieve whatever she sets out to do and she will be successful in life.

As with any good salesperson, she would like to grow her business and invest more. For this reason, she is requesting a loan amounting to 7000 PHP, which will allow her to buy basic grains, candies, bread, instant products, drinks, soap, etc. She has good payment references and impeccable morals. She is confident she can pay off her debt and is sure she will be able to bring economic stability to her household.

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
  • 1525
    View loans »
    Philippines Loans Fundraising
  • $56,687,475
    Funds lent in using Kiva
  • 40.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Avelina to buy basic grains, candies, bread, instant products, drinks, and soap for her store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 20, 2013
Listed
Mar 6, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 19, 2013