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Shirley is a responsible housewife and is blessed with one child. She and her husband aim to improve their way of living and provide a better future for their child through their business.

In line with this goal, she plans to improve her small variety store to increase her income. Lack of capital made her borrow a loan from the lenders in the amount of PHP 20,000. She will use the funds buy more stock of basic commodities such as soft drinks, biscuits, sugar, eggs, oil, assorted candies and school supplies to sell in her store. She believes that someday she will make her business grow and have a stable source of income.

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
  • 365
    View loans »
    Philippines Loans Fundraising
  • $70,667,525
    Funds lent in using Kiva
  • 43.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Shirley to buy different commodities and school supplies.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Jun 11, 2013
Jun 26, 2013
Currency Exchange Loss:
Jun 17, 2014