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Analyn
Analyn, 22 years of age, is married to a driver and blessed with one child. She has owned and operated a retail store in their village for almost seven years and earns a net income of PHP 400 daily. Due to insufficient funds, she would like to take a loan of PHP 14,000 to purchase sugar, noodles, biscuits, and beverages to sell. She's hoping that her business will continue to grow so that she can earn more 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
  • 297
    View loans »
    Philippines Loans Fundraising
  • $50,698,750
    Funds lent in using Kiva
  • 45.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Analyn to purchase sugar, noodles, biscuits, and beverages to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 19, 2013
Listed
Jan 17, 2014
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014