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Narissa is 38 years old, married, and has four children. She and her spouse generate income by providing transport services to the people in their village. While her husband provides the services, she does household chores and takes care of their children.

Narissa is now requesting a loan of P25,000 to further improve the services offered by her husband. She will buy tires, gasoline and crude oil for the business, and promises to pay back her loan in full.

Someday, with sufficient earnings, Narissa will start up a small store to add to their income.

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
  • 454
    View loans »
    Philippines Loans Fundraising
  • $69,650,875
    Funds lent in using Kiva
  • 41.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Narissa to buy tires, gasoline and crude oil for use in the transport business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Oct 4, 2012
Oct 13, 2012
Currency Exchange Loss:
May 24, 2013