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Melanie
At the age of 22, Melanie started her business, a sari-sari store. She sells various grocery items in their village like soap, shampoo, toothpaste and biscuits. Now, Melanie is 27 years old. She is married, has two kids and is still managing the business. She has already been five years in this type of business.

Melanie wishes to have good health and further develop the business. She wants to extend the products she sells to her customers. Melanie is asking for a loan of PHP 15,000 to buy spices, drinks and breads to sell. She hopes to increase her sales and income as well to sustain her family's needs.

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
  • 1432
    View loans »
    Philippines Loans Fundraising
  • $59,280,625
    Funds lent in using Kiva
  • 41.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Melanie to buy spices, drinks and breads to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 14, 2013
Listed
Apr 15, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2013