Check out some available loans that are similar to this one!
Rema
Rema is 38 and managing her own business in Aparri. She has a small place allotted in the market where she sells different kinds of tires. This serves as her main source of income. She has been engaged in her business for more than ten months and earns approximately PHP 5,000 a month for this activity.

At present, she is requesting a loan of PHP 25,000 to purchase tires and a stock of motor oils. She hopes for additional income this time, in order to save for her three children and as a reserve for future emergencies.

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
  • 301
    View loans »
    Philippines Loans Fundraising
  • $50,700,950
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Rema to purchase tires and a stock of motor oils to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 20, 2013
Listed
Apr 9, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2013