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Clarita is 61 years old and married to Jose, her partner in their blacksmith business. They are living in the village of Larion Bajo Tuguegarao. They are blessed with eight children, seven of them have successfully graduated from college and their youngest is still studying.

Clarita and her husband have worked together to improve their small business. She hopes that through this, she may provide all the educational needs for her child. In this regard, she wanted to asks for financial assistance from KIVA lenders amounting to PHP13, 000. This will help them produce more blacksmith products for their village. Clarita hopes that they will someday raise their poor living condition.

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
  • 1800
    View loans »
    Philippines Loans Fundraising
  • $60,886,450
    Funds lent in using Kiva
  • 47.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Clarita additional capital for her manufacturing business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Sep 22, 2009
Oct 19, 2009
Currency Exchange Loss:
Feb 15, 2010