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Salvacion runs a small business selling fruits and vegetables, and is proud that this business helps her family overcome many of life's hardships. They live in the simple village of Barangay Natappian West Solana, Cagayan. Her husband farms a small rice field, but his earnings were only enough to pay for one semester's education of their children.

Her strong desire to improve her business has led her to apply for this loan, which she will use to increase her working capital. She is proud that she has been able to give her children an education that will allow them to get good jobs and support their own families. She hopes to expand her business and become an even more successful entrepreneur in the future.

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
  • 1936
    View loans »
    Philippines Loans Fundraising
  • $61,098,225
    Funds lent in using Kiva
  • 47.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Salvacion to expand her small business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Apr 24, 2009
May 20, 2009
Currency Exchange Loss:
Nov 15, 2009