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Rita Frances
Rita is a widowed woman from Cabagan with two children. She is engaged in making and selling frozen foods. She wants to expand her business, however she lacks the financial resources to do so. She is requesting a loan to buy frozen foods like hot dogs, tocino, and hamburger patties for her business. With this, she will be able to make and sell more frozen foods.

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
  • 351
    View loans »
    Philippines Loans Fundraising
  • $50,801,300
    Funds lent in using Kiva
  • 40.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Rita Frances to buy frozen foods like hot dogs, tocino, and hamburger patties for her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 20, 2013
Listed
Apr 3, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 19, 2013