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Imelda
Imelda is 42, and she is engaged in buying and selling fish in the village. She has been in this business for almost 5 years, and she usually receives PHP 250 net income a day from it. Imelda wants to buy more fish to resell, but she has insufficient capital. Therefore, she is requesting a loan of PHP 6,000 to buy more fish. She hopes that through this amount, she could earn more and save for her children.

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
  • 1160
    View loans »
    Philippines Loans Fundraising
  • $54,653,725
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Imelda to buy more fish.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 13, 2013
Listed
Mar 15, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 26, 2013