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Two years ago, when Victorina was asked her dream, she replied she wanted to finish giving her four children their college education and to have decent work. Now, she has successfully reached her dream by means of working hard. Victorina is in her sixties. She engages in a mini-grocery business in the market.

At present, Victorina’s wish is to expand her business site to become a grocery store. Victorina is requesting a loan of PHP 50,000 to buy beverages, breads, and snacks to sell. She believes that the loan will serve as her first step in achieving her wish.

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
  • 878
    View loans »
    Philippines Loans Fundraising
  • $63,381,250
    Funds lent in using Kiva
  • 40.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Victorina to buy beverages, breads, and snacks to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Feb 7, 2013
Mar 5, 2013
Currency Exchange Loss:
Apr 22, 2013