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Violeta
Violeta is 33, married and has three children.

She owns and manages a variety store in their village to supplement her husband's income. Despite the hardships and difficulties in life, they aim to uplift their status of living and give their children a better future. She aims to strengthen her variety store to earn a higher income and provide their necessities.

To improve the business, she is asking for additional capital of PHP 10,000 to buy soft drinks, snack foods, breads, noodles and seasonings to sell. She hopes that this loan will help to improve her variety store. She hopes that in the future, she will make the business grow and be profitable.

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
  • 1081
    View loans »
    Philippines Loans Fundraising
  • $54,713,650
    Funds lent in using Kiva
  • 42.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Violeta to buy soft drinks, snack foods, breads, noodles and seasonings to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 11, 2012
Listed
Jul 5, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012