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Liza is 27 years old, the mother of one child. She sells dry goods, such as flashlights, lighters and light bulbs. This is the only source of income she has, so she needs to take great care to earn her income. Now that the Christmas season is approaching, the business requires additional capital to buy the products her customers want but, due to financial constraints, Liza is asking for a loan in the amount of amount 25,000 PHP to buy plastic wares, toys and kitchen materials for her business. In this way, she may be able to increase her income, provide her child with a good life, and save for future education costs.

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
  • 488
    View loans »
    Philippines Loans Fundraising
  • $69,648,700
    Funds lent in using Kiva
  • 41.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Liza to buy plastic wares, toys and kitchen materials for her business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Oct 11, 2012
Nov 4, 2012
Currency Exchange Loss:
Apr 22, 2013