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Gloria
Gloria is 50 years of age, married and blessed with three children. She and her husband aim to improve their standard of living and give their children a better future. She would like to acquire more stocks of grocery items to sell but her capital is not enough to do this. For this reason, she is asking for a loan of PHP 15,000.00 to buy more stocks of junk food, assorted candies, beverages, seasonings, laundry soaps and soft drinks to sell. She's hoping that her business will continue to grow and become more profitable.

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
  • 261
    View loans »
    Philippines Loans Fundraising
  • $53,055,900
    Funds lent in using Kiva
  • 43.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Gloria to buy more stocks of junk food, assorted candies, beverages, seasonings, laundry soaps and soft drinks to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 15, 2013
Listed
Nov 27, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014