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Gina
Gina is 44 years old and married with four children. She has a “carinderia,” or small eatery, that has been offering “pancit” and viands for more than four years. This is her way of helping her husband as well as improving their living situation. To earn a higher income, she is asking for a loan of PHP 5,000 as additional working capital. This will be used to purchase “pancit” (or noodles), cabbage, pechay, meat and beans in addition to her offered foods. Hopefully, she will improve her family's living conditions. She prays for the growth of her business and hopes to be financially stable 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

  • $1175
    Average annual income
  • 472
    View loans »
    Philippines Loans Fundraising
  • $50,987,450
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Gina to purchase “pancit” (or noodles), cabbage, pechay, meat and beans.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2013
Listed
May 2, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 23, 2013