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Ma. Visitacion
Ma. Visitacion, 37 years old, is married and the owner of a store where she sells different products to the community. She is a very kind person and responsible to her family. Ma. Visitacion is asking for a loan of PHP 17,000 to buy additional products such as snack food, noodles, coffee and rice for her store. She hopes that her store will expand so that she can renovate it to be more convenient for her customers. In this way, she hopes to increase her income and to be able to sustain her family's needs.

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
  • 1295
    View loans »
    Philippines Loans Fundraising
  • $56,360,350
    Funds lent in using Kiva
  • 41.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Ma. Visitacion to purchase snack food, noodles, coffee and rice for her store.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 14, 2012
Listed
Sep 13, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013