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Florilyn is 40 years old and is married with six children. To earn a living, Florilyn has operated a retail store for three years. She earns about PHP 400 a day.

Florilyn wants to expand her family business. That’s why she is taking out this loan in the amount of PHP 15,000 to purchase additional stock such as groceries, canned goods, shampoo, soap and other ingredients to sell.

Florilyn hopes to grow and expand her general store to secure her family's future and educate her children so that they will become professional some day. Despite the hardships of life, she is striving hard to earn and save money for educational purposes.

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
  • 392
    View loans »
    Philippines Loans Fundraising
  • $66,139,225
    Funds lent in using Kiva
  • 42.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Florilyn to purchase additional stock such as groceries, canned goods, shampoo, soap and other ingredients to sell in her store.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Jan 11, 2012
Mar 1, 2012
Currency Exchange Loss:
Jul 15, 2012