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Montesa
Montesa is 38 years old. She is a businesswoman from the village of Cabisera 9-11, Ilagan, Isabela. She works diligently in her business to provide for the other needs of her family. Working to help her hog raising business progress is her way to help her husband in his agriculture business. They have two children and the couple aspires to give them a good future ahead of them which they believe could easily be achieved by acquiring a complete education.

Montesa makes a living by engaging herself in hog raising and retailing of gasoline in the store of her older sister in their village. Montesa wanted to grow her hog raising business and also to have additional capital for her gasoline retailing business. For this reason, she is requesting to avail a loan of PHP 18,000 for the expansion of her business. She hopes that Kiva lenders will support her in the business to give her family a good future through her business.

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
  • 908
    View loans »
    Philippines Loans Fundraising
  • $53,387,825
    Funds lent in using Kiva
  • 47.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Montesa additional Capital.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 25, 2009
Listed
Sep 24, 2009
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2010