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Eleonor aims to improve her small retail store in order to generate sufficient income and sustain the necessities of her family. She is 41 years old and has only one child.

She wants to acquire more stocks of grocery items to sell but she has not enough capital. For this reason, she wants to access financial assistance of PHP 15, 000 to buy canned goods, noodles, soft drinks, crackers, beverages and seasonings to resell. Through this financial assistance Eleonor believes that she will further improve the business someday.

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
  • 393
    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 $350 helped Eleonor to buy canned goods, noodles, soft drinks, crackers, beverages and seasonings to resell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jul 23, 2014
Aug 2, 2014
Currency Exchange Loss:
Jan 17, 2016