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Edna
Edna is 55 years old, married to a government employee, and has four children. She owns and operates a retail store in their village, which she has been doing for almost six years. She earns a net income of 2,500 PHP a month.

Edna is requesting a loan for 30,000 PHP, which she will use to purchase beverages, canned goods, noodles, and breads. Her profit usually goes to their daily expenditures. With this loan, Edna would like to gain more income with 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

  • $7,000
    Average annual income
  • 1538
    View loans »
    Philippines Loans Fundraising
  • $59,090,400
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Edna to purchase beverages, canned goods, noodles, and breads.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 7, 2013
Listed
Mar 13, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 22, 2013