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Gina
Gina is 37 years old and a very industrious mother and wife. She has a business selling snacks in the village that provides her three children’s educational needs. The income she generates from her business is carefully utilized in order to save money. Now, to develop more income, she is borrowing 12,000 PHP to buy snack foods, bananas, soft drinks, sugar and milk. She hopes that she can get the amount she requested to further develop her 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
  • 858
    View loans »
    Philippines Loans Fundraising
  • $54,399,900
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Gina to buy snack foods, bananas, soft drinks, sugar and milk.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 6, 2013
Listed
Mar 12, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 19, 2013