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Lorna
Lorna is 37 years old, married, and blessed with one child. She is running a retail store to gain income and supplement her spouse income in farming.

She has insufficient funds now, so that's why she is asking a loan of PHP 13,000 to purchased canned goods, eggs, biscuits, and soft drinks to sell. She hopes to keep selling good and affordable products to all her customers to earn more profits.

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
  • 979
    View loans »
    Philippines Loans Fundraising
  • $54,509,700
    Funds lent in using Kiva
  • 44.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Lorna to purchase canned goods, eggs, biscuits, and soft drinks to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2013
Listed
Dec 20, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 19, 2014