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Renalyn is 44 years old, married and has two school-age children. She and her husband aim to improve their livelihood in order to provide the daily needs of their family and support the education of their children.

To earn a living, Renalyn is engaged in the charcoal business in the village. To grow her business, she borrowed a loan of PHP 5,000 to buy more charcoal to sell. She believes that the loan will enable her to improve the business and hopes that, someday, she will make her business more profitable.

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
  • 1225
    View loans »
    Philippines Loans Fundraising
  • $63,466,825
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Renalyn to buy more stocks of charcoal to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
May 27, 2013
Jun 24, 2013
Currency Exchange Loss:
Dec 22, 2013