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Imelda
Imelda, 32 years of age, is married with two children. They are currently residing at the village of Villa Luna. She has managed a retail store in their village for almost one year. With this business, she's earning a net income of 3,000 PHP (Philippines pesos) a month. She would like a loan amounting to 15,000 PHP to purchase canned goods, noodles, biscuits, coffee and beverages to sell. She's hoping that her requested loan will be granted so that she can expand her store.

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
  • 304
    View loans »
    Philippines Loans Fundraising
  • $50,697,350
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Imelda to purchase canned goods, noodles, biscuits, coffee and beverages.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 8, 2013
Listed
Mar 23, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 22, 2013