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Jun 12, 2016 3:18 PM ET

Archived: Philippines: A loan of $1,075 helps Leny to be used in buying stocks of blouses, dresses and other kinds of dry goods to sell.

iCrowdNewswire - Jun 12, 2016




Rizal Santiago City, Philippines / Clothing Sales



Borrower image



Leny’s story

Leny has engaged in a clothing sales business for five years.She is married and has three children. Leny aims for continuous growth of her clothing sales business.

That’s why she’s requesting for additional capital of PHP50,000 to be used in buying more stocks of blouses,dresses and other kinds of dry goods to sell. She believes that having this loan amount will enable her to improve her profits and keep her business as a stable source of her family income.





This loan is special because:

It allows this borrower to access a loan, plus other family-oriented services.


Mark McDonagh
Kiva staff


More about this loan


About Alalay sa Kaunlaran, Inc. (ASKI):

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.


A loan of $1,075 helps Leny to be use in buying stocks of blouses, dresses and other kinds of dry goods to sell.




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