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Visitacion
Visitacion is 39 years old, already widowed, and has two children. She stands as a mother and father of her two children. Being the head of the family, Visitacion needs to strive just to feed her children and attend to their needs. To make a living, Visitacion runs a sari-sari store business in their village. She sells a variety of goods to her customers.
Visitacion wants to extend the variety of products she sells to her customers. In this regard, she is asking for a loan of PHP50,000 to buy spices, powder for juice, beverages and condiments to sell. Visitacion wishes to generate a higher income to further sustain their needs and her children's allowances in school. Visitacion will look towards the success of her business and her success as a businesswoman as well.

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
  • 352
    View loans »
    Philippines Loans Fundraising
  • $50,890,275
    Funds lent in using Kiva
  • 40.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Visitacion to buy spices, powder for juice, beverages and condiments to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2013
Listed
Mar 5, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2013