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Josefina is from the village of District 3. She is married to Camilo, who helps her to manages their business. Josefina sells fruits and vegetables in the market of Cauayan City. She has been doing this for seven years and earns about PHP 3,500 a week. At this moment, Josefina is asking for a loan in the amount of PHP 30,000 to buy eggplant, tomatoes, bananas and avocados to sell. In the future, Josefina hopes to attract more customers and have a big business to make her family more economically stable.

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
  • 756
    View loans »
    Philippines Loans Fundraising
  • $63,325,000
    Funds lent in using Kiva
  • 41.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Josefina to buy eggplant, tomatoes, bananas and avocados to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Sep 21, 2012
Sep 30, 2012
Currency Exchange Loss:
May 24, 2013