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Vergie is 38 years old, married and blessed with two school-aged children. She has been engaged in her restaurant for three years.

At first, she struggled to promote her restaurant because she was new in the business. But as time passed, she learned more about the business and how to attract customers. She earns PHP 3,000 every day and usually uses it for the education of her two children.

To increase sales, she is requesting a loan of PHP 15,000 (Philippine peso) to buy meat and vegetables to cook, and to buy dishes, glasses, and pottery to use in her restaurant. She hopes it will contribute to a better income in order to save for emergency and educational purposes.

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
  • 2069
    View loans »
    Philippines Loans Fundraising
  • $61,219,850
    Funds lent in using Kiva
  • 43.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Vergie to buy meat, vegetables, dishes, glasses and pottery.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Sep 7, 2011
Oct 6, 2011
Currency Exchange Loss:
Mar 16, 2012