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Agnes is 41 years old, single, and has two children. She manages a variety store in the market. Agnes is selling blouses, bags and accessories for cellular phones. Agnes is happy that her business has continued to operate up to the present.

Agnes' goal in life is growing her business so she will have her own stall and will no longer have to rent a stall for her business. Agnes plans to take out a loan of P40,000 to buy belts, bags and hats to sell to her customers. She is doing her best to thrive with the business she has right now.

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
  • 462
    View loans »
    Philippines Loans Fundraising
  • $69,680,050
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Agnes to buy belts, bags and hats to sell to her customers.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Mar 25, 2013
Apr 10, 2013
Currency Exchange Loss:
Oct 23, 2013