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Noemi
Noemi is 37 years old, single, and operates a retail store for a living. She sells grocery items from 6am-6pm and acquires 10,000 PHP each month. The income is used for meals, bills at home, and revolving capital in the business.

She hopes to increase her sales and income, but has insufficient capital to buy more merchandise to sell. Because of this, she is asking for a loan of 20,000 PHP to buy canned goods, eggs, breads, soft drinks, soap, and shampoo to sell.

Noemi wants to keep selling good products and services in order to achieve income stability someday.

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
  • 342
    View loans »
    Philippines Loans Fundraising
  • $52,187,100
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Noemi to buy canned goods, eggs, breads, soft drinks, soap, and shampoo to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 19, 2013
Listed
Mar 21, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 23, 2013