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Estelita
Estelita is a 48-year-old widowed mother. She was gifted with six children and they live happily in a rural community. She owns and manages a small beauty parlor beside the public market. Being a kind and friendly mother, she has been able to win more customers. In this regard, she aims to improve her parlor and provide better services to her customers. Due to inadequate capital, she is asking for an additional PHP 7,000 to buy cosmetics and other materials needed in the beauty parlor. She believes that this financial assistance will help her improve the business and hopes that she will make it more profitable in the future.

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
  • 1439
    View loans »
    Philippines Loans Fundraising
  • $59,117,025
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Estelita to buy cosmetics and other materials needed in her beauty parlor.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 10, 2013
Listed
Apr 20, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2013