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Tessie
Tessie is a 57-year-old mother who loves to sell pork and chicken barbecue in their village. This is her way of gaining income for their daily living while her husband cultivates their farmland. They live in a village with their two children. Through their patience and sacrifices, they survived poverty and educated their children. At this time, their children are already married and have their own family.


Tessie aims to continue and improve the business to earn and save more income for their future. She is asking for additional capital of P13,000 to buy pork, chicken heads and intestines, liver and seasonings needed for making barbecue. She believes that this loan will help her to improve the business and is hoping that she will be successful in the future.

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
  • 343
    View loans »
    Philippines Loans Fundraising
  • $52,187,100
    Funds lent in using Kiva
  • 43.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Tessie to buy pork, chicken heads and intestines, liver, and seasonings needed for making barbecue.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 18, 2011
Listed
Jan 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 22, 2012