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Consolacion
Consolacion was working abroad for 10 years. When she went back to the Philippines, she started to put up a sari-sari store business in their village. Her business serves as her daily source of income for her family. Consolacion's husband is a farmer and they have two grown children.
Consolacion has been in her business for 13 years. Her earned profits are used to sustain her hogs with feed, as her additional source of income. Consolacion is requesting a loan of PHP50,000 to buy grocery items like canned goods, drinks and biscuits to sell. She wishes to thrive in her business as well as to prosper in her line of business.

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
  • 493
    View loans »
    Philippines Loans Fundraising
  • $51,053,400
    Funds lent in using Kiva
  • 40.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Consolacion to buy grocery items like canned goods, drinks and biscuits to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2013
Listed
Mar 5, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 22, 2013