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Ermalyn
Ermalyn is proud to say that she started her business because of ASKI. She sells small meals and snack food such as fish balls, hotdogs, and cold juice from an ambulant cart.

She is married to a rice farmer and has two children. Ermalyn's husband manages their rice field and also drives their ambulant cart. She requests a loan of 10,000 PHP to buy fish balls, hotdogs, and ingredients to make sauces for her business.

Ermalyn wishes to have another business as an additional source of income.

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
  • 971
    View loans »
    Philippines Loans Fundraising
  • $54,424,950
    Funds lent in using Kiva
  • 44.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Ermalyn to buy fish balls, hotdogs, and ingredients to make sauces for her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 27, 2013
Listed
Dec 24, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014