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Cecilia
Cecilia is married and has four children.

She buys and sells fruits and vegetables. She is trying to learn the trade despite the poor living they are experiencing.

She feels so hurt seeing her children’s suffering from poor living. She wants to achieve greater income in order to give them a good life, so she is asking assistance of the lenders through ASKI with a loan of PHP 15,000 to purchase different kinds of fruits and vegetables.

She hopes through these investments she can prepare a better living for her children and operate her business prosperously.

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
  • 389
    View loans »
    Philippines Loans Fundraising
  • $50,987,450
    Funds lent in using Kiva
  • 41.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Cecilia to purchase different kinds of fruits and vegetables.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 5, 2012
Listed
Oct 14, 2012
Currency Exchange Loss:
Possible
Ended:
May 24, 2013