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Cristina
Cristina’s goal in life is to uplift their family's quality of life. Cristina’s children are all attending school. Her husband is working abroad as an OFW (Overseas Filipino Worker).

Cristina manages a livestock business in their village. Some of her husband's monthly remittances for their children's allowance in school went for hog feed.

With her determination to help her husband in fulfilling their needs, Cristina also engages in a direct selling business of shoes and ready-to-wear clothes for additional sources of income.

In this connection, Cristina wants to borrow a loan of PHP 50,000 to pay for products for her direct selling business. She hopes to purchase more products to allow her costumers a chance to choose what they want. With the income, she will be able to provide her hogs feed.

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
  • 375
    View loans »
    Philippines Loans Fundraising
  • $50,745,300
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Cristina to purchase products for her direct selling business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2013
Listed
Feb 11, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 22, 2013