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Pacita
Pacita believes that, "an optimistic person will become successful in the future." She is now 56 years old and has seven adult children. She owns and manages a variety store while her husband works in one of the government institutions. They help each other earn income and support the education of their children. They have endured hardships and problems in life. As a fruit of their sacrifices, all of their children have become professionals and found good jobs. All of them are already married and settled down with their own family.

Despite this, Pacita aims to improve and continue the business to earn and save for future emergencies and help some of her cousins who are in need. In this regard, she wants to request a loan of P50,000 to buy soft drinks, junk foods, beverages, soaps, shampoos, noodles and splash products to sell. She believes that her efforts will bear good fruit someday.

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
  • 1438
    View loans »
    Philippines Loans Fundraising
  • $59,143,875
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Pacita to buy soft drinks, junk foods, beverages, soaps, shampoos, noodles and splash product to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 21, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
Possible
Ended:
May 21, 2012