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Samuel is a responsible father who owns and manages a restaurant in a rural community. He is 60 years old and has two adult aged children. Through his patience and sacrifices, he educates his two children and gives them a better life. Despite this, he aims to improve and continue the business in order to be able to earn and save more income to satisfy necessities and save for the future.

He wants to ask for an additional capital of P 50,000 to buy pork, fish, vegetables and seasoning to be cooked and sold in his restaurant. He believes that this loan will help him to work out his plan and is hoping that he will be successful in carrying them out.

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
  • 396
    View loans »
    Philippines Loans Fundraising
  • $70,817,050
    Funds lent in using Kiva
  • 44.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Samuel to buy pork, fish, vegetables and seasoning to be cooked and sold.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Dec 16, 2011
Jan 1, 2012
Currency Exchange Loss:
Jun 22, 2012