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Leticia
Leticia runs a beauty salon in the town of Angadanan and requested a PHP 15,000 loan to buy beauty products such as make-up kits, dyes, medicines for re-bonding and hot oil for her beauty salon. She has been in this business for more than two years and is thankful for the improvement of her living conditions. She believes that the financial assistance will help her business. In the future she will be successful, as she continues to work hard.

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
  • 896
    View loans »
    Philippines Loans Fundraising
  • $54,399,900
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Leticia to buy beauty products such as make-up kits, dyes, medicines for re-bonding and hot oil for her beauty salon.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 7, 2013
Listed
Feb 14, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2013