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Nida, aged 50, is married to a farmer and they have been blessed with three children. She has owned and operated a retail store in their village for almost 10 years. From this business, Nida earns a net income of PHP 4,000 a month.

She would like to request a loan of PHP 15,000 to purchase canned goods, biscuits, noodles, cooking oil, coffee, sugar and beverages to sell. Nida is hoping that her loan will be granted so that she will be able to improve and expand her business to earn more income.

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
  • 1942
    View loans »
    Philippines Loans Fundraising
  • $61,097,225
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Nida to buy canned goods, biscuits, noodles, cooking oil, coffee, sugar and beverages to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Mar 8, 2013
Mar 24, 2013
Currency Exchange Loss:
Sep 19, 2013