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Angelita
Angelita is a 54-year-old married woman living in the village of Villa Norte Maddela Quirino. Angelita has two children who already have their own family. Angelita’s spouse works as a welder.

She earns about PHP 2,500 per month doing this kind of business. Angelita has operated this welding shop for 25 years. Angelita is requesting a loan of PHP 13,000 to purchase materials needed in her welding shop such as metals.

In the future, Angelita hopes to improve her business through taking additional loans from ASKI through the KIVA lenders.

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
  • 1038
    View loans »
    Philippines Loans Fundraising
  • $57,757,925
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Angelita to purchase materials needed for her welding shop.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 28, 2011
Listed
May 27, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2011