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Felicidad is 54 years old and married. She had been blessed with five children. She has a retail store based in her home and she is requesting a loan of PHP 20,000 to purchase items such as biscuits, soft drinks, cooking oil, sugar and other ingredients to sell. She has been running her business for 10 years and she is thankful because her income has been increasing. Her husband is her motivation for improving her business. She is working hard because she wants to have a better quality of life by doing something that brings in additional income. She hopes that she can get the loan amount she requested.

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
  • 1938
    View loans »
    Philippines Loans Fundraising
  • $61,097,225
    Funds lent in using Kiva
  • 42.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Felicidad to purchase items such as biscuits, soft drinks, cooking oil, sugar and other ingredients to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Apr 13, 2012
Apr 20, 2012
Currency Exchange Loss:
Oct 16, 2012