Check out some available loans that are similar to this one!
Elizabeth
Elizabeth is 22 years old, married and has one child. Due to financial constraints, she runs a small variety store to generate income. She has been operating the business for almost three years, and usually earns a profits of only 4,000 PHP (Philippines pesos) a month. She aims to increase her income in order to satisfy their necessities and save for the future of her child. To improve the business, she is asking for additional capital of 5,000 PHP to buy additional stock of rice, dried fish, vegetables, canned goods, eggs, noodles, beverages, seasonings and soft drinks to sell. She hopes that her loan will be a great help for her to improve the 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

  • $7,000
    Average annual income
  • 1446
    View loans »
    Philippines Loans Fundraising
  • $59,139,250
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Elizabeth to buy additional stock of rice, dried fish, vegetables, canned goods, eggs, noodles, beverages, seasonings and soft drinks to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 5, 2013
Listed
Mar 22, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 19, 2013