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Alberto
Alberto is 30 years of age. He is from the village of Apanay, Alicia in the Philippines. He is married to Jovelyn. The couple is thankful, because they have been blessed with four children. To make a living, Alberto engages in buying and selling recycled materials in their village. He has been in this business for five years and earns about PHP 1,000 a week. He needs to have additional capital. In this regard, he is requesting a loan of PHP 10,000 to buy plastic, used cans, iron and metal to sell. He hopes to expand and grow his simple 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
  • 1289
    View loans »
    Philippines Loans Fundraising
  • $56,301,400
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Alberto to buy plastic, used cans, iron and metal to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 13, 2013
Listed
Mar 17, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 19, 2013