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Lucena
Lucena, 48 years old, is married to Jimmy, a simple farmer. Lucena is engaged in charcoal making and delivers it in their town, where she sells it. In order to be able to have enough income, she is requesting a loan of 13,000 PHP to buy wood, gasoline, and other materials she will need in doing her business. She hopes that in the future, she can have her own stall in the market so that she can stock the charcoal.

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
  • 377
    View loans »
    Philippines Loans Fundraising
  • $50,935,875
    Funds lent in using Kiva
  • 41.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Lucena to buy wood, gasoline, and other materials needed in her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 17, 2012
Listed
Nov 1, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013