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Cecille
Cecille is 26 years old. She is engaged in selling dry goods such as slippers, shoes and doormats. She is married and blessed with one child. She makes her sales in the market and has three employees. Before, she did not want to get employees because of her low income. But she felt pity for these teenagers who stop after school, so to help them save for their education, she hired them.

As of now, she is requesting a loan of PHP 25,000 to purchase additional goods to offer (such as slippers) in order to acquire a higher income and provide her employees' labor costs. She feels that this loan will help her increase her sales and give her family better living conditions.

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
  • 216
    View loans »
    Philippines Loans Fundraising
  • $52,023,300
    Funds lent in using Kiva
  • 42.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Cecille to purchase additional goods to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2012
Listed
Mar 1, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 22, 2012