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Conseta
Conseta, a retail store owner, is very thankful for her business. She is married and has four children. Her income from the business serves as their sustenance for daily meals and daily allowances too. She runs her store from 6 a.m. to 7 p.m. daily. She has been selling grocery items for 10 years now. She is asking for this loan to have additional capital to buy eggs, sardines, noodles, soap, shampoo and detergent to add to her merchandise in the store. She is asking for 20,000 Philippine pesos (PHP) and promises to pay it back in full.

In the future, with good revenue from her business, she will be able to save funds for use in times of emergencies.

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
  • 897
    View loans »
    Philippines Loans Fundraising
  • $54,399,900
    Funds lent in using Kiva
  • 41.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Conseta to buy eggs, sardines, noodles, soap, shampoo and detergent to sell in her store.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 4, 2012
Listed
Oct 14, 2012
Currency Exchange Loss:
Possible
Ended:
May 24, 2013