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Lilibeth
Lilibeth, aged 38, is married to a farmer and they have four children. She has been working in her direct selling business for almost 5 years, and earning a net income of PHP 4,000 each month. She has insufficient capital in her business, so she requested a loan of PHP 25,000 to purchase lotions, colognes, bags, umbrellas, lipstick, talc powder, and shampoo to sell. She's hoping that her requested loan will be granted so that she can expand and improve her business.

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
  • 1539
    View loans »
    Philippines Loans Fundraising
  • $56,698,350
    Funds lent in using Kiva
  • 44.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Lilibeth to purchase lotions, colognes, bags, umbrellas, lipstick, talc powder, and shampoo to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 8, 2013
Listed
Sep 5, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 19, 2014