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Ma. Visitacion
Ma. Visitacion is 36 years old, married and the owner of a store where she sells different products to the community. Ma. Visitacion is a very kind person and responsible to her family. She is asking for a loan of PHP 14,000 to buy additional products such as snack food, noodles, coffee and rice for her store.

Ma. Visitacion hopes that her store will expand so that she can renovate her store to make it more convenient for her customers. In this was she hopes to increase her income and with this will be able to sustain her family's needs.

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
  • 1296
    View loans »
    Philippines Loans Fundraising
  • $57,926,225
    Funds lent in using Kiva
  • 42.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Ma. Visitacion to purchase snack food, noodles, coffee and rice for her store.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 12, 2012
Listed
Apr 15, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012