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Felicidad
Felicidad is from the village of Cabisera 5. She is 43 years old. Felicidad is married and has four school-aged children. To make a living, Felicidad owns and operates a general store. While not the only means for generating revenue, the main source of income for the business comes from selling a variety of different products in the local community. Felicidad has been engaged in her business for over 12 years and earns approximately 2,500 PHP a month for these activities.

Felicidad is requesting a new loan of 30,000 PHP, which will be used to purchase additional products to sell. She plans to use the additional revenue generated from the business to improve/expand her business.

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
  • 1242
    View loans »
    Philippines Loans Fundraising
  • $57,815,050
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Felicidad to purchase additional products to sell, like canned goods and beverages.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 22, 2012
Listed
Nov 12, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 22, 2013