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Elvira is 54 years old. She is a patient and business-oriented wife. She has seven children. Elvira runs a small store where she earns an income that provides for her family's needs. She has been doing this for more than three years now and earns just enough income to sustain her family. Elvira would like a loan to increase her product inventory. From her loan of PHP 13,000, she will buy canned goods, soft drinks, biscuits, and noodles to sell in her store.

In the future, Elvira would like to save money as a reserve for future 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
  • 397
    View loans »
    Philippines Loans Fundraising
  • $65,913,675
    Funds lent in using Kiva
  • 41.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Elvira to buy canned goods, soft drinks, biscuits, and noodles to sell in her store.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Aug 10, 2012
Aug 18, 2012
Currency Exchange Loss:
Feb 15, 2013