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Robert
Robert has owned a bakery for four years. He works hard in order to earn a living. Robert is married with four children; two of them go to school while two children are still infant-aged.

Robert wants to request a loan of 25,000 PHP (Philippines pesos), allowing him to buy 10 bags of flour, 30 kilograms of sugar, and gallons of cooking oil for his bakery business. He knows that through this loan amount, he can further improve his financial stability, which enables him to educate his four children and have a comfortable lifestyle. Robert hopes and prays that his requested loan amount will be granted.

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
  • 1097
    View loans »
    Philippines Loans Fundraising
  • $54,717,425
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Robert to buy 10 bags of flour, 30 kilograms of sugar, and gallons of cooking oil for his bakery business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 7, 2013
Listed
Mar 8, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 19, 2013