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Nelia
Nelia is 59 years old and currently resides in Allacapan where she manages a small sari-sari (convenience) store. She is thankful that she has been earning PHP 150-200 each day, which she uses for her daily needs. She is wishing for a higher income in order to save for her family. To make her business more profitable, she is requesting a loan of PHP 15,000 to purchase canned goods, biscuits, breads, milk, sugar and beverages. Hopefully, the loan will be a great help in improving 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

  • $1175
    Average annual income
  • 327
    View loans »
    Philippines Loans Fundraising
  • $52,706,975
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Nelia to purchase canned goods, biscuits, breads, milk, sugar and beverages.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 4, 2013
Listed
Apr 15, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 19, 2014