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Estelita is a hard-working mother who is engaged in buying and selling fruits and vegetables in the market to supplement her husband's income. She is 54 years old and blessed with seven children. Three of them are still studying and they want them to earn a degree so that they will be employed some day.

Due to the high cost of school fees and transportation, Estelita aims to improve her business to increase her income. Due to inadequate capital, she is requesting an additional PHP 12,000 to buy more stocks of onions, garlic, calamansis, ginger, squash, egg plants, oranges and cabbages to sell. She mentioned that this loan will be a great help for her in her effort to improve the business and she is hoping that she will make the business grow and become more profitable. In the future,she hopes that all her children will become professionals and have an stable job.

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
  • 1084
    View loans »
    Philippines Loans Fundraising
  • $63,429,000
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Estelita to buy more stocks of onions, garlic, calamansis, ginger, squash, egg plants, oranges and cabbages to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Jan 9, 2013
Jan 30, 2013
Currency Exchange Loss:
Aug 23, 2013