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Aladin
Aladin is single at his age of 39. He lives in the village of Apanay. To make a living, he manages a retailing business. He has been in this business for seven years and he usually earns about PHP 300 a day.

Aladin is now asking for a loan of PHP 15,000 to buy various grocery items such as canned goods, noodles, beverages, condiments and more to sell. He is hoping that could get the amount requested to further develop his business to progress.

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
  • 1097
    View loans »
    Philippines Loans Fundraising
  • $54,704,675
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Aladin to buy various grocery items such as canned goods, noodles, beverages, condiments and more to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 10, 2013
Listed
Jul 28, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 19, 2014