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Gina is 47 years old. She owns and manages a little store where she sells groceries and vegetables. She has operated this business for ten years and usually earns a profit of PHP 7,000 a month, which she usually spends for their basic necessities.

Gina wants to add to her products to satisfy her customers' needs, but due to financial complications, she is requesting additional capital of PHP 15,000 to buy canned goods, sugar, oil, soap, bread, shampoo, cabbage, eggplant, onions and beans to sell in her store. She hopes that this loan will help her to improve the business and their living standards.

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
  • 423
    View loans »
    Philippines Loans Fundraising
  • $70,831,400
    Funds lent in using Kiva
  • 41.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Gina to buy canned goods, sugar, oil, soap, bread, shampoo, cabbage, eggplant, onions and beans.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Nov 20, 2012
Dec 1, 2012
Currency Exchange Loss:
May 24, 2013