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Beatriz
Beatriz is from the village of Cabisera 15. She is 54 years old and is married with three adult children. Beatriz owns and operates a general store, selling a variety of different products in the local community. She has been engaged in her business for over 15 years and earns approximately 5,000 PHP (Philippines pesos) a month.

Beatriz is requesting a new loan of 25,000 PHP, which will be used to purchase additional products to sell. This loan will be her sixth from ASKI. She plans to use the additional revenue generated from the business to improve and 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

  • $1175
    Average annual income
  • 1541
    View loans »
    Philippines Loans Fundraising
  • $56,687,750
    Funds lent in using Kiva
  • 41.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Beatriz to buy canned goods, snack foods, drinks and spices for her store.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 11, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2013