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Emerly
Emerly is 40 years old, married, and has four school-age children. Due to the high cost of school fees and commodities, she aimed to improve her small variety store, to generate sufficient income. She and her husband aimed to educate their children and give them a bright future.

To improve the business, she is asking for additional capital of PHP 10,000 to buy more stock to resell, of items like canned goods, snack foods, beverages, seasonings, soft drinks, soaps and mineral water. She believes that someday, she will be able to make more improvements in the business as she continues to work hard and strive for it.

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
  • 1395
    View loans »
    Philippines Loans Fundraising
  • $59,123,575
    Funds lent in using Kiva
  • 40.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Emerly to buy more stock to sell, of items like canned goods, snack foods, beverages, seasonings, soft drinks, soaps and mineral water.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 13, 2013
Listed
Mar 18, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 19, 2013