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Florida
Florida A. is from the village of Cataggaman Nuevo, Tuguegarao City. She is 49 years old, married and has four adult-aged children. To make a living, Florida raising crops, primarily planting and harvesting a variety of vegetables that she sells. Florida has been in her business for over 20 years and earns approximately 5,000 PHP a month.

Florida joined ASKI to access financial services to improve her living situation and to engage in business. Florida is requesting a new loan of 20,000 PHP to expanding her business. This loan will be her seventh from ASKI. She plans to use the additional revenue generated from the business to pay the tuition fees for her children.
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About ASKI:

ASKI is one of the most successful microfinance institutions in the Philippines. It has 25 branches covering the Central and Northeastern areas. Its clients are mostly of farmers, fisherfolks and small entrepreneurs.

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
  • 1300
    View loans »
    Philippines Loans Fundraising
  • $56,397,425
    Funds lent in using Kiva
  • 46.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Florida expanding her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 25, 2009
Listed
Dec 6, 2009
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2010