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Amelita
Amelita is 41 and chose to be single. She lives with her mother in a rural community and is managing a small sari-sari store. She aims to make her business profitable in order to satisfy their daily consumption and save some for her future.

Due to insufficient capital, she is asking for a loan of PHP 10,000 to buy more stock of soft drinks, snack foods, assorted candies, laundry soaps, beverages, noodles, canned goods and seasonings to sell in her store.

She believes that someday she will further improve the business through this financial assistance.

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
  • 393
    View loans »
    Philippines Loans Fundraising
  • $52,107,900
    Funds lent in using Kiva
  • 45.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Amelita to buy more stock of soft drinks, snack foods, assorted candies, laundry soaps, beverages, noodles, canned goods and seasonings to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 18, 2013
Listed
Jan 16, 2014
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014