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Salveregina
Salveregina is 42 years of age and married. She raises her five children from the profits of her sari-sari (convenience) store business.

She sells soft drinks, biscuits, candies and spices in their village. Salveregina’s goal is to earn a higher income to sustain her children needs in school. Her plan is to expand the products she sells to her customers.

Salveregina’s husband is a tricycle operator for passenger’s transportation.

Salveregina greatest wish is to help her children finish their college education and become professionals someday. She wants them to hold the degree for immediate employment for better future.

She is requesting a loan of P40,000 to buy can goods, breads and beverages to sell.

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
  • 1442
    View loans »
    Philippines Loans Fundraising
  • $59,117,025
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Salveregina to buy can goods, breads and beverages to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 14, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 22, 2013