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Lizel is 25 years old and has two children. She operates a retail store in their village. She has been in her business for over a year and earns PHP 3,000 each month. This goes for meals, school expenses and revolving capital, too.

Lizel wanted to avail a loan to invest in her business. She is now asking for a loan of PHP 8,000 to buy more grocery items (canned goods, eggs, bread, noodles and soap) to sell.

Someday, Lizel hopes to achieve a profitable business for the overall welfare of her family.

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
  • 1441
    View loans »
    Philippines Loans Fundraising
  • $59,259,575
    Funds lent in using Kiva
  • 40.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Lizel to buy more grocery items (canned goods, eggs, bread, noodles and soap) to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Feb 15, 2013
Mar 6, 2013
Currency Exchange Loss:
Aug 23, 2013