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Lydia
Lydia, 42 years old, has two school-aged children, both of whom she and her husband want to properly educate. They believe that education is the only treasure they can give to their children. Through the profit she makes in her retailing business, Lydia is able to provide her children school allowances, while her husband earns income as a family driver.



Because their oldest child is about to graduate next semester, Lydia and her husband are striving hard to earn more income. She is thereefore requesting a loan of Php 30,000 to buy more drinks and snack foods to sell.

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
  • 893
    View loans »
    Philippines Loans Fundraising
  • $54,399,900
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Lydia to buy drinks and snack foods to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 1, 2013
Listed
Aug 5, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014