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Victor
Victor is aged 58, married and has six children. The five of them are already married. To make a living, Victor provides motorcycle transport services in their town. She's been in this business for almost twenty-one years, and earns about PHP 500 daily. He is requesting a loan of PHP 8,000, to purchase oil, a sprocket, and gasoline for the maintenance of his transport motorcycle. He hopes that he can get the amount he requested to further develop and improve his 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
  • 495
    View loans »
    Philippines Loans Fundraising
  • $50,998,450
    Funds lent in using Kiva
  • 44.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Victor to purchase oil, a sprocket, and gasoline for the maintenance of his motorcycle .
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 9, 2013
Listed
Dec 22, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014