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Soledad
Soledad C. is from the village of San Juan, Quirino, Isabela. She is 64 years old and widowed. Soledad owns and operates a general store, selling a variety of different products in the local community. Soledad has been engaged in her business for over seven years and earns approximately 5,200 PHP a month from it.

In 2008, Soledad joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Soledad has successfully repaid a previous loan from ASKI, which was used to purchase additional products to sell. Soledad is requesting a new loan of 23,000 PHP which will be used to purchase additional products to sell. She plans to use the additional revenue generated from the business to improve/expand her business.

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
  • 328
    View loans »
    Philippines Loans Fundraising
  • $52,706,975
    Funds lent in using Kiva
  • 42.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Soledad to buy different products that she can sell like snack foods and spices for her store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 25, 2012
Listed
May 6, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2012