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Determination and patience have been Remy's weapon in achieving success in life. She is thankful that she has been able to operate her clothing business for four years. She and her husband work hard to get more income. While she runs her clothing business her husband is also busy in managing their rice field. Remy is thirty-six years old, married, and has three children who go to school.

Remy aims to have a progressive business and make it viable as a source of income for her family. However because she has generated inadequate capital from her clothing business, she is requesting a loan of PHP 50,000 which will allow her to buy more stock of used clothes for her stall.

Remy would be thankful if this loan amount would be granted because she can make her clothing business more productive. In this way, she could send her children into a higher level of education and save some money for emergencies.

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
  • 389
    View loans »
    Philippines Loans Fundraising
  • $66,089,900
    Funds lent in using Kiva
  • 42.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Remy to buy more stock of used clothes for her stall.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jan 19, 2012
Mar 2, 2012
Currency Exchange Loss:
Nov 19, 2012