Check out some available loans that are similar to this one!
Clarissa, 45 years old, is married to a welder. They are currently residing at the village of Nungnungan 2. She has been managing an auto repair shop in their village for almost 14 years. In this business she earns a net income of 1,000 PHP daily. She would like to avail a loan amounting to 50,000 PHP to purchase power tools and interior vulcanizing. She's hoping that her loan will be granted so that she can be able to improve her 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
  • 677
    View loans »
    Philippines Loans Fundraising
  • $63,194,275
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Clarissa to purchase power tools and interior vulcanizing.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 8, 2013
Apr 7, 2013
Currency Exchange Loss:
Nov 17, 2014