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Arcelie
Arcelie is a widowed mother with two children. She dream to buy and owned a stall. At present, she is renting a stall where she operates her beauty salon business. She has eight years of experience. To gain extra income she also sells soft drinks, candies and curls in her beauty salon stall.

Besides hair cutting, she wants to offer hair straightening to satisfy her customers. Arcelie is asking for a loan of P50,000 to buy materials and some cosmetics products for her business.

She hopes that someday her dream will come true. She will continue working hard to reach her dream.

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
  • 1399
    View loans »
    Philippines Loans Fundraising
  • $59,123,575
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Arcelie to buy materials and some cosmetics products.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 22, 2013