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Lolita is a 52-year-old mother with two adult children. Her husband's occupation is farming. They both work hard for the improvement of their living situation.

She manages a beauty salon offering services such as hair cutting, pedicure and manicure to customers. The business has been operating for 12 years already. Her income from the business is spent to finance their daily expenditures.

To improve the services offered in the salon, Lolita is asking for a loan of PHP 12,000 to buy the needed materials and cosmetics such as scissors, comb, razors, hair iron, and chemicals for hair relaxing, hair rebonding and hair spa.

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

  • $7,000
    Average annual income
  • 303
    View loans »
    Philippines Loans Fundraising
  • $70,616,725
    Funds lent in using Kiva
  • 42.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Lolita to buy scissors, combs, razors, hair iron, and chemicals for hair relaxing, hair rebonding and hair spa.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jun 27, 2011
Jul 28, 2011
Currency Exchange Loss:
Jan 15, 2012