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Editha
Editha is 33 years old. She lives simply with her husband Ernesto and three children. To make a living, Editha has owned and operated a retail business for six years. She usually sells personal products. This time, Editha wants to improve her business as well as their living situation. So, she is seeking additional capital of PHP 15,000 to purchase more clothes, shoes, cologne, lotion and cosmetic products to sell. She's hoping that her desired loan will be granted, so that she can further improve her retail 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
  • 1120
    View loans »
    Philippines Loans Fundraising
  • $54,595,750
    Funds lent in using Kiva
  • 45.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Editha to purchase more clothes and personal product items to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 10, 2014
Listed
Jan 23, 2014
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014