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Felicitas
Felicitas is married and has three children. Her spouse is a driver and provides motorcycle transport services to the people in their village, especially students. This is their only source of income. While her spouse provides the services, she is busy taking care of the household and attending to her children's everyday needs.

Felicitas is requesting a loan of PHP 15,000 to buy tires and gasoline to use in the motorcycle. She would like to ensure safe travels for the passengers and, especially, her husband's safety. Someday, with funds from the business, she hopes to buy hogs to raise them as an additional source of income.

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
  • 340
    View loans »
    Philippines Loans Fundraising
  • $52,191,675
    Funds lent in using Kiva
  • 41.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Felicitas to buy tires and gasoline for her husband's motorcycle.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 11, 2012
Listed
Sep 20, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013