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Olivia
Olivia has been a distributor of Fern-C (vitamin C or ascorbic acid) vitamins for almost three years. Her products prevent different kinds of diseases like asthma, diabetes, hypertension and kidney disorders and it is also an anti-oxidant.


Being involved in this kind of work needs patience and commitment to get the trust and loyalty of her clients. She is now requesting a loan amounting to PHP 4,000.00 as additional capital in purchasing more Fern-C products that she will sell. The stated amount will also assist her in sending her children to school through her business. She wants to become successful in her life. She prays that God will always give her family more blessings.


Olivia C. is 48 years old. She is married to Allan, who is a government employee in their town. They live in the village of San Isidro, Ilagan, Isabela with their three children: Valerie, 28, a nursing graduate; Alma, 18, a college student; and Francy, 6, who is studying in a daycare center.

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
  • 1504
    View loans »
    Philippines Loans Fundraising
  • $59,099,150
    Funds lent in using Kiva
  • 48.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $100 helped Olivia business capital.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 27, 2009
Listed
Apr 22, 2009
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2009