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Cresencia offer street foods within her local community. She has been doing this for two years and three months. Aside from this business, she also runs a livestock and farming business.

Cresencia plans to increase the products she offers in order to improve her income. To attain her goal, she is seeking financial assistance amounting to PHP 10,000. She knows that this loan will help her in improving the taste of her bar-b-que chickens head and sauce. She hopes that through improving the taste of the street foods she offers, she could further satisfy her customer demand. Cresencia is expecting continuous improvement of her food vending, livestock and farming business. In this way, she will be able to give her family a more comfortable lifestyle.

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
  • 1415
    View loans »
    Philippines Loans Fundraising
  • $59,117,025
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Cresencia to buy raw meat, hot dogs and chicken for her food vending business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Feb 15, 2013
Feb 17, 2013
Currency Exchange Loss:
Aug 23, 2013