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Conchita
Conchita D. is 36 years old, married to Fernando. She manages a village store and lives in Aguinaldo Cordon, Isabela. They have a nine-year-old son named Richard, and he is now in the elementary level.

Conchita is maintaining her store in order to generate a daily income for her family, especially for her child’s education. The store keeps growing and her desire to improve it motivates her to be more patient and hard-working. She also decided to request a loan from Kiva amounting to PHP 5,000 as additional capital to be used for her store.

Conchita is looking for the benefits of her family; that is why she is so diligent and patient. Also her husband is sacrificing a lot for them. Her child Richard gives them the inspiration to move on and keep life going.

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
  • 1087
    View loans »
    Philippines Loans Fundraising
  • $57,639,825
    Funds lent in using Kiva
  • 47.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Conchita additional capital for her store.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 9, 2009
Listed
Aug 7, 2009
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2010