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Ricardo
Ricardo is a very hard worker and very dedicated to his businesses even though his business trademark is “junk shop”. This business is a great help in providing for the needs of his family, and Ricardo is patient, humble and hard worker.

Every day he makes a great effort to grow this activity to have a better quality of life. To achieve this, he is asking for a loan of 15,000 PHP to buy bottles, plastics and wires. He is very optimistic that he will be able to get a higher income this time.

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
  • 294
    View loans »
    Philippines Loans Fundraising
  • $52,075,525
    Funds lent in using Kiva
  • 43.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Ricardo to buy bottles, plastics and wires.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 14, 2012
Listed
Mar 11, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 22, 2012