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Viviana
Viviana is a 37-year-old mother who sells livestock feed to the people in her village in Libag Norte. She has been managing her small store for over four years now. She has two children and spends her income on all their daily needs. She is asking for additional capital of PHP 30,000 to increase her stock and expand her product offering. She will use the loan to buy more livestock feed, as well as medicines and vitamins for resale.

In the future, Viviana hopes to keep generating good income from her business and make it profitable so she can pay for her children's education, which is the only legacy she can pass on to them.

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
  • 367
    View loans »
    Philippines Loans Fundraising
  • $50,755,825
    Funds lent in using Kiva
  • 41.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Viviana to buy more livestock feed, medicines and vitamins to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 27, 2012
Listed
Aug 9, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013