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Because his wife is working as an Overseas Filipino worker (OFW), Patricio is responsible for taking care of their two children and running her community-based store. He doesn’t want to just wait for his remittances from his wife because his children are growing, most especially his young son. He is spending much on this youngest child due to the high cost of milk and the other needs of an infant baby. So, he aims to increase his sales and profit to be able to provide all their daily needs.

To make his dream realistic, he is asking for financial assistance in the amount of P6,000 to increase the volume of her store's merchandise. In this way, she could be generating greater profit which will serve her family's needs. She would be glad if his requested loan amount were approved.

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
  • 745
    View loans »
    Philippines Loans Fundraising
  • $63,312,675
    Funds lent in using Kiva
  • 43.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Patricio to increase the volume of merchandise in his wife's store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Mar 21, 2012
Apr 4, 2012
Currency Exchange Loss:
Oct 16, 2012