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Matilde is 50 years old and married. She lives in Barangay Palao Solana, Cagayan. She and her husband were blessed with four children: Marlon, who is 26 years old and a high school graduate; Marvin, who is 24 years old and a high school undergraduate; Jhona, who is 20 years old and a high school graduate; and Jhon, who is 15 years old and in her third year of high school.

Matilde has operated a village store for nine years. She and her husband are working hard in order to provide the needs of their family. She is now asking for financial assistance from Kiva lenders amounting to PHP20,000.00 as additional capital for the welfare of her family.

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
  • 1809
    View loans »
    Philippines Loans Fundraising
  • $60,866,650
    Funds lent in using Kiva
  • 48.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Matilde business capital.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Jun 8, 2009
Jul 6, 2009
Currency Exchange Loss:
Dec 15, 2009