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Raquel is 36 years old and a very responsible mother of two school-aged children. She is married to Jose from Sta. Isabel province of Isabela. She is engaged in selling a variety of products to the people of their village. She is requesting a loan of PHP 18,000 to buy more products such as spices, snack food and drinks for her store. In the future, she hopes that her business will expand so that she can support her family.

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
  • 1830
    View loans »
    Philippines Loans Fundraising
  • $60,865,650
    Funds lent in using Kiva
  • 42.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Raquel to buy products such as spices, snack food and drinks for her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Mar 19, 2012
Apr 21, 2012
Currency Exchange Loss:
Oct 16, 2012