Check out some available loans that are similar to this one!
Modesto
Modesto is 59 years of age and works as a driver. He has been in this kind of business for 13 years. His need to maintain the good condition of his multicab, which he is using in his transportation business, encouraged him to seek the financial assistance of Kiva lenders. He is now asking for a loan of PHP 30,000 to be used to overhaul his multicab. He hopes that they will grant his loan request in order for him to generate sufficient income for his family.

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
  • 1308
    View loans »
    Philippines Loans Fundraising
  • $57,977,325
    Funds lent in using Kiva
  • 43.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Modesto to overhaul his multicab.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 28, 2013
Listed
Jun 16, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 19, 2014