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Carmencita
Carmencita, 51 years of age, is married. They were blessed with seven children.

Carmencita is a vegetable vendor in the village of San Luis. When she sells, she earns a net income of PHP 5,000 every month.

Carmencita requested a loan of PHP 20,000 to purchase vegetables to sell. Her income usually goes to the family’s daily expenditures. She's hoping that her requested loan amount will be granted so that she will be able to gain more income from 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
  • 1290
    View loans »
    Philippines Loans Fundraising
  • $56,286,225
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Carmencita to purchase vegetables to sell in their village.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 16, 2013
Listed
Feb 3, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013