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Wilma and her husband are responsible parents who aim to improve their standard of living to give their children a better life. They agreed to continue sending their three children to school so that they will become professionals in the future. In this regard, Wilma planned to improve her small variety store in order to generate sufficient income. She is asking for an additional capital of PHP 10,000 to buy more stocks of rice, dried fish, canned goods, beverages, seasonings and vegetables to sell. Through her patience and hard work, she believes that she will improve the business in the future.

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
  • 382
    View loans »
    Philippines Loans Fundraising
  • $69,631,075
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Wilma to buy more stocks of rice, dried fish, canned goods, beverages, seasonings and vegetables to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Feb 8, 2013
Feb 12, 2013
Currency Exchange Loss:
Aug 23, 2013