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Francisca
Francisca is 31 years old, married with 3 children. She is a responsible mother who supported her husband in generating income.

She has been buying and selling plastic wares in the public market for almost 10 years. Despite the problems and difficulties she has encountered in life, she is confident in pursueing her business in order to generate sufficient income.

She aims to further improve the business to increase her income in order to acquire the necessities, and finance the education of their children. Due to insufficient capital, she is asking for a loan of PHP18,000.00 to buy more stock of plastic wares, bags, toys, belts and umbrellas for sale.

Through this financial assistance, she believes that she will increase her product offerings to satisfy her customers' demands. She is hoping that someday, she will make more improvement in the 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

  • $1175
    Average annual income
  • 333
    View loans »
    Philippines Loans Fundraising
  • $50,765,025
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Francisca to buy more stock of plastic wares, bags, toys, belts and umbrellas for sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 24, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
May 24, 2013