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Precilla
Precilla is from the village of Villaluz. She is 47 years old and married with three school-aged children.

To make a living, Precilla owns a transportation business providing motorcycle transport to local members of the community. Precilla has been engaged in her business for over three years and earns approximately 2,500 PHP a month.

She is asking for a loan of PHP 15,000 to gain access to financial services to help improve her living situation and ability to engage in business activities. She plans to use the additional revenue generated to improve and 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

  • $7,000
    Average annual income
  • 1474
    View loans »
    Philippines Loans Fundraising
  • $59,151,750
    Funds lent in using Kiva
  • 42.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Precilla to maintain a transport vehicle used in the business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 9, 2012
Listed
Sep 11, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013