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Nilda lives at her small house at Estefania with her spouse and four children. Her spouse is a farmer while she is a vendor selling grocery items to the people in her village. She has been doing this for over five years now and earns approximately 7,000 Philippine Peso (PHP) each month which goes for their meals and daily expenses of their children.

She is looking for the development of her small business so she is asking for additional capital of 17,000 PHP to buy eggs, vinegar, cooking oil, sugar and biscuits to sell.

With good income from the business, she hopes to continuously pay for her children's education. She will be very happy and proud to see them working as professionals some day.

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
  • 489
    View loans »
    Philippines Loans Fundraising
  • $69,648,700
    Funds lent in using Kiva
  • 42.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Nilda to buy eggs, vinegar, cooking oil, sugar and biscuits to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Jun 15, 2012
Jul 3, 2012
Currency Exchange Loss:
Dec 15, 2012