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“Nowadays, we are struggling from economic crisis, and sometimes we felt hopeless,” said Virginia. But according to her, “be patient and you will survive”.

Virginia was only able to attend primary school when she was a child but she does everything she can to provide her family with a better standard of living. Virginia is determined to become a successful entrepreneur by being patient and hardworking. Virginina is married to Francisco A. Jr. and they live happily at Barangay Bonfal Proper, Bayombong, Nueva Vizcaya.

With regard to their source of work, Virginia manages a general store while her husband operates a tricycle transport business. With their daily income from their businesses, the couple is able to support the education of their child. Virginia is asking to borrow PHP 15,000 as additional working capital. She hopes her business can expand for their future welfare.

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
  • 835
    View loans »
    Philippines Loans Fundraising
  • $63,371,875
    Funds lent in using Kiva
  • 47.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Virginia business Capital.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
May 8, 2009
Jun 3, 2009
Currency Exchange Loss:
Nov 15, 2009