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Nenita
Nenita manages a general store business. She is requesting for a loan that will serve as added capital in buying stock like canned goods, noodles, seasonings, and more products to sell. She has been in this business for 20 years and most of the time, she has earned an income of PHP 2,500 monthly that has been used in supporting her grandchildren's needs and saving for future use.

Nenita is now 57 years old and a mother of three children. She is now widowed and living happily with her two children and grandchildren in the village of Nagbitin.

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
  • 1283
    View loans »
    Philippines Loans Fundraising
  • $57,860,075
    Funds lent in using Kiva
  • 43.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Nenita buy stock like canned goods, noodles, seasonings, etc to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 18, 2013
Listed
Sep 26, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014