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Stephen Lord
Stephen Lord is 29 years old and has only one child. Being a responsible father, he aims to improve the family's living standards and to give them a better life.

He buys and resells ice cream within his town. To make his goal attainable, he is asking for a loan of 20,000 PHP to buy more stock of ice cream, soft drinks, and snack foods to sell.

Stephen Lord believes that this financial assistance will enable him to 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
  • 507
    View loans »
    Philippines Loans Fundraising
  • $51,053,400
    Funds lent in using Kiva
  • 44.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Stephen Lord to buy more ice cream, soft drinks, and snack foods to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 22, 2014
Listed
Feb 11, 2014
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014