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Mila is engaged in a rice retailing business. She is 53 years old and married to Faustino, a carpenter in their village. Since her husband does not have regular work, she started her own business as another source of income. Together they are helping one another provide for the needs of their family. They have four children: Floreante, George, Maryrose, and Joshua.

Mila wants her business to improve and this is the reason she is asking to borrow 10,000 pesos from Kiva lenders. She plans to buy sacks of rice and other commodities that she can offer to her customers. She is hoping that her business will continue to improve.

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
  • 1403
    View loans »
    Philippines Loans Fundraising
  • $59,122,500
    Funds lent in using Kiva
  • 46.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Mila to buy sacks of rice and other commodities.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Sep 10, 2009
Oct 6, 2009
Currency Exchange Loss:
Mar 15, 2010