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Lucena
Being fond of gardening, Lucena S. ventures in a vegetable-garden business. According to her, aside from gardening, she also dreams of having a vegetable-vending stall in their village, thus she is requesting PHP 5,000 from Kiva for her to start her store. She is very optimistic that, through the loan, she can start another business for the welfare of her family.

Lucena is a woman with strong determination to face all the challenges in life. Aside from being a business-minded person, Lucena is truly a faithful and loving wife to her husband, Ofelio. They are able to nurture their six children, three of whom are already married. On the other hand, another two were forced to quit schooling because of poverty. Thus their youngest child is the only one attending school.

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

  • $1175
    Average annual income
  • 359
    View loans »
    Philippines Loans Fundraising
  • $52,706,975
    Funds lent in using Kiva
  • 48.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Lucena to use to start her new store.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2009
Listed
Jul 16, 2009
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2009