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Helen
The sacrifices of this mother for her children should be admired by everyone. Helen said that life is hard but still she endured all the trials she faced for her children's sake.

Helen B. came from a distant place of Visayas - central Philippines. She came to live in Isabela particularly at Barangay Lapogan Tumauini, Isabela by chance. She is already 32 years old married to Nick. They have two children Nicole – 4 years old and Nick Jr. – 3 years old.

Helen runs a village store business in their community. She wants to improve the business to support her children’s future education. Helen wanted to request a loan amounting to PhP5,000 for additional business capital. Helen said that she ought to work hard and be patient to support her family. She even engaged herself in buy and sell of empty cans and bottles including any recyclables materials before she established her village store. Helen promised that the amount that she will borrow will be utilized solely for her business since her children are not yet studying. She hopes to become successful in the future and prays for her husband to change.

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
  • 247
    View loans »
    Philippines Loans Fundraising
  • $53,045,000
    Funds lent in using Kiva
  • 47.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Helen additional Capital.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 22, 2009
Listed
Feb 9, 2009
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009