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Luzviminda
Luzviminda is 35 years old, married and has two children she is sending to school. Her children are in the elementary level of education. Luzviminda manages a clothing business in the market. She usually sells pants and shirts.

Luzviminda’s husband is a rolling vendor of posters and educational books in different marketplaces during market days. A Luzviminda priority in life is to uplift their living conditions and give a better life to her family. No matter how hard it is to work, she will strive to make her priority a reality.

Luzviminda is asking for a loan of 50,000 Philippines pesos (P) to buy baby dresses, jackets and casual attire to sell in the market. She hopes to improve her business and earn income to sustain their 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

  • $7,000
    Average annual income
  • 1293
    View loans »
    Philippines Loans Fundraising
  • $57,910,775
    Funds lent in using Kiva
  • 41.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Luzviminda to buy baby dresses, jackets and casual attire to sell in the market.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 21, 2012
Listed
Oct 18, 2012
Currency Exchange Loss:
Possible
Ended:
May 24, 2013