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Linda
Linda is 57 years old and is a widow. For the last six years, she has built her own small eatery and playing station as a source of income. She earns about PHP 200-300 per day.

At present, Linda wants to borrow a loan amount of PHP 15,000 in order to purchase “pancit”, soy sauce, cooking oil, vegetables, candies and soft drinks. She hopes that she can get the amount she has requested for further development of 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
  • 495
    View loans »
    Philippines Loans Fundraising
  • $50,987,600
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Linda to purchase “pancit”, soy sauce, cooking oil, vegetables, candies and soft drinks.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 14, 2013
Listed
Mar 17, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 19, 2013