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Ruby is 37 years old, married, and has two children. To earn a living, Ruby is engaged in a retail shop business. She usually offers her products house to house, using her transport motorcycle. The profits earned from her business allow her to pay her family's monthly electric bill and to provide their daily needs.

In this regard, she plans to improve her business and to make it a viable source of income. Because of insufficient capital, she is asking for an additional PHP 40,000 to buy house wares, accessories, plastic ware and clothes to sell. She believes that she can improve the business through her patience and strong determination.

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
  • 450
    View loans »
    Philippines Loans Fundraising
  • $69,660,550
    Funds lent in using Kiva
  • 42.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Ruby to buy house wares, accessories, plastic ware and clothes to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jan 31, 2012
Mar 1, 2012
Currency Exchange Loss:
Jan 19, 2013