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Michelle
Michelle, 32 years old, is married and blessed with three children. She has owned and operated a retail store in her village for almost two years; with this business she earns a net income of PHP 7,000 a month.

She would like to get a loan of PHP 9,000 to purchase coffee, sugar, milk, noodles, biscuits, and beverages. She's hoping that her requested loan will be granted immediately so that she can purchase more grocery items for her retail 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

  • $7,000
    Average annual income
  • 1301
    View loans »
    Philippines Loans Fundraising
  • $57,866,175
    Funds lent in using Kiva
  • 40.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Michelle to purchase coffee, sugar, milk, noodles, biscuits, and beverages to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 8, 2013
Listed
Apr 3, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 19, 2013