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Wilma, 48, is single and lives in Linao Norte. She is a woman and proves to be responsible in managing a small business, which is her grocery store. She usually earns a minimum monthly income of 15,000 Philippine pesos (PHP). She budgets for daily expenses and has rolling capital for her business.

Wilma is asking for a loan of 20,000 PHP to increase her sales. She will buy more biscuits, canned goods, soft drinks, sugar and milk to sell.

In the future, she hopes to provide quality products and services to her customers and gain continuous profits to achieve financial stability.

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
  • 398
    View loans »
    Philippines Loans Fundraising
  • $70,817,050
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Wilma to buy more biscuits, canned goods, soft drinks, sugar and milk to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
May 24, 2013
Jun 27, 2013
Currency Exchange Loss:
Nov 19, 2013