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Imelda
Imelda, 45 years old, is a mother who is willing to sacrifice everything just to give her children a better life. She is engaged in the transportation business using their motorcycle. She has been in this business for four years. This time, she wants to borrow a loan in the amount of PHP 11,000 to buy spare parts, oil and gasoline for the maintenance of her motorcycle. Having this financial assistance from lenders, Imelda hopes to improve her daily income from the transport service she is offering to further meet their daily necessities.

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
  • 1478
    View loans »
    Philippines Loans Fundraising
  • $59,409,725
    Funds lent in using Kiva
  • 43.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Imelda to buy spare parts, oil and gasoline for the maintenance of her motorcycle.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 5, 2013
Listed
Jul 29, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 23, 2014