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Nora is 41 years old. a good wife who is full of dreams in life especially for her children’s future. She focuses on her business where she gets all the expenses for their everyday living. She also helps her parent financially and that’s why she needs to earn more. Presently, she is requesting a loan of PHP 25,000 as additional funds to rotate in her cell phone and accessories business. It will be use to purchase new models of cell phones and phone accessories. She hopes to earn a higher income this time for the financial security of her business and family.

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
  • 1811
    View loans »
    Philippines Loans Fundraising
  • $60,866,650
    Funds lent in using Kiva
  • 40.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Nora to purchase new models of cell phones and phone accessories.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Mar 19, 2013
Mar 27, 2013
Currency Exchange Loss:
Oct 23, 2013