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Selling vegetables in their village has been Carmelita's (aged 56) business for the past 2 years. She sells tomatoes, pechay, ginger and cabbage. She is attentive on her business because this is her only way to help her husband to support their four children. As time passes, their necessities for living also grow, so she must double her efforts in selling her products.

For this reason, Carmelita is requesting a loan of PHP 8,000 pesos to buy camote root crops, string beans and sayote as additional products to sell. She hopes to gain more profits through these goods in order for her to provide for the growing necessities of 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
  • 1932
    View loans »
    Philippines Loans Fundraising
  • $61,097,225
    Funds lent in using Kiva
  • 43.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Carmelita to buy camote root crops, string beans and sayote.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
May 24, 2012
Jul 1, 2012
Currency Exchange Loss:
Nov 19, 2012