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Christine
Christine is a responsible housewife who runs a variety store in her village. She decided to engage in this livelihood to assist her husband in generating income.

She is 39 years old, gifted with two children. She and her husband aim to improve their living standard to educate their children and to give them a better life. For this reason, she plans to make more improvements in the business by increasing her product offerings.

To fulfill that dream, she is asking for the loan amount of P12,000.00 to buy additional stocks of rice, frozen foods, soft drinks, laundry soaps, canned goods, beverages and seasonings for her to offer to her valued customers. Through this she believes that her variety store will become more profitable. She hopes that her requested loan will be granted.

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
  • 252
    View loans »
    Philippines Loans Fundraising
  • $53,061,525
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Christine to buy additional stocks of rice, frozen foods, soft drinks, laundry soaps, canned goods, beverages and seasonings to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 23, 2013
Listed
May 21, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014