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Myrna
Myrna, 42 years old, is from the mountainous village of Binguang in the province of Isabela. She is married to a farmer, Jilbert. She is a humble person with patience in her work. Myrna has been engaged in selling barbecue and hot dogs in front of their house for 12 years. She does it everyday and is able to sustain the needs of her family. She dreams that someday she can build a stall in front of their house to be more comfortable in her business.

Myrna is asking for a loan amounting to PHP 8,000 to buy meat and spices for her barbecue business.

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
  • 357
    View loans »
    Philippines Loans Fundraising
  • $50,957,200
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Myrna to buy meat and spices for her barbecue business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 26, 2013
Listed
Mar 12, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 19, 2013