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Lydia
Lydia, 44 years of age, is married to a farmer and blessed with one child. She has owned and operated a retail store in their village for almost 1 year, in this business she earns a net income of 300 PHP daily. Lydia would like a loan amounting to 20,000 PHP to purchase coffee, sugar, canned goods, biscuits, and beverages to sell. She's hoping that her requested loan will be granted so that she can use it to 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

  • $1175
    Average annual income
  • 1149
    View loans »
    Philippines Loans Fundraising
  • $54,870,375
    Funds lent in using Kiva
  • 43.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Lydia to purchase coffee, sugar, canned goods, biscuits, and beverages to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2013
Listed
Jul 7, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 22, 2013