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A businessman’s main purpose in managing a business is to provide a good education and a good life to his children. So Robin, a 41-year-old man, devotes himself to his computer shop business to make an income. It is a great help in providing for his family's daily household needs. He always aims to increase his profits to increase the family's standard of living as well as to develop his business. In connection to this, he is requesting a loan of PHP 30,000 to buy computer accessories and pay for computer maintenance, bond papers, and ink. He believes that with this loan, he can let his child and future children finish their desired degree courses and maintain a good life.

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
  • 341
    View loans »
    Philippines Loans Fundraising
  • $66,029,700
    Funds lent in using Kiva
  • 41.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Robin to buy computer accessories and pay for computer maintenance, bond papers, and ink.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Nov 29, 2012
Jan 1, 2013
Currency Exchange Loss:
Sep 22, 2013