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Violeta
Violeta is 50 years old, married and had three children. She operates a retail store to gain income. She had been in the business for two years now. She is asking for a loan to buy more merchandise to sell and meet her customers' needs. Out of her loan of 5,000 PHP (Philippines pesos), she will buy coffee, sugar, sardines and breads to sell.

Though she only acquires minimal income from the business, she manages it well and hopes to achieve good profits for her family.

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
  • 1551
    View loans »
    Philippines Loans Fundraising
  • $56,638,525
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Violeta to buy coffee, sugar, sardines and breads to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 14, 2013
Listed
Mar 3, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2013