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Rachel
Rachel is 36 years old and single. Her ambition in life is to become successful and financially stable to help her parents in financing the education of her younger brothers and sisters. Due to a lack of job opportunities, she put-up and manages her own computer shop near the school campus. She planned to acquire additional computers but she does not have enough capital. In this regard, she is asking for additional capital of P 25,000.00 to buy the additional computers. She believes that her loan will help her to improve the business and she hopes that she will become successful in the future.

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
  • 1433
    View loans »
    Philippines Loans Fundraising
  • $59,117,025
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Rachel to buy more stocks of computers for rent.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 27, 2013
Listed
Mar 6, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 19, 2013