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Gloria, from the village of Guayabal, is 46 years old, married, and the mother of three children, one of whom is married married. Through her sacrifices, Gloria was able to educate all her children and they are now all working.

Gloria works hard through her retailing business, which she has had for four years. To improve it, she is requesting a loan of PHP 40,000 to buy canned goods, egg, noodles, soft-drinks, and assorted bread to sell. Gloria says that the loan will be very helpful in contributing to the success of her business.

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
  • 464
    View loans »
    Philippines Loans Fundraising
  • $69,645,400
    Funds lent in using Kiva
  • 41.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Gloria to buy canned goods, egg, noodles, soft-drinks, and assorted bread to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jul 30, 2012
Aug 10, 2012
Currency Exchange Loss:
Feb 15, 2013