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Patricia
Patricia, aged 52, is in the business of buying and selling vegetables in her village. This has been her source of income. She sells bananas, ginger, jackfruit and cabbage. She is very caring and loving of her business because this is her only way to help her family, especially to support their two children. Now, she feels that their necessities for living has grown, so she must work harder to earn a higher income. But how can she achieve higher income when she suffers insufficiency of capital? So to make it achievable, Patricia is requesting additional capital in the amount of PHP 16,000 to buy bananas and vegetables such as string beans and potatoes to sell.

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
  • 1496
    View loans »
    Philippines Loans Fundraising
  • $59,200,750
    Funds lent in using Kiva
  • 41.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Patricia buy fruits and vegetables to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 10, 2012
Listed
Aug 2, 2012
Currency Exchange Loss:
Possible
Ended:
May 24, 2013