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Gina has been patiently managing her retail store for eight years. She is happily married to an OFW(Overseas Filipino Worker) and they have been blessed with two healthy children. Gina said that the generated-income from her store was utilized in their daily needs: payment for electric bills and allowances for their children. Due to increased household expenses, Gina is aiming to increase her sales and profit to be able to sustain all their daily needs.

Gina said that having a business is quite difficult due to credit and a lean season she has experienced in her daily routine. Though she suffered from these circumstances, still, she stands firm and believes that she could overcome all these trials in life.

Gina works hard to help her husband in providing income for family. To realize her dream in life, she is asking for additional capital amounting to PHP30,000 which will be use to purchase stock merchandise for her retail store business. She hopes that, through her complete set of merchandise, she could improve and increase her profit. In this way, she can give her two children a good quality education and improve their living conditions.

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
  • 502
    View loans »
    Philippines Loans Fundraising
  • $69,838,675
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Gina to purchase stock merchandise for retail business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Nov 10, 2011
Jan 1, 2012
Currency Exchange Loss:
May 21, 2012