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Lucita
Lucita, 44 years old, is married and blessed with five children. She has owned and operated a tailoring business for almost five years and she's earning a net income of Php 2,000 a month. She would like to access a loan amounting to Php 10,000 to purchase sewing equipment such as thread, tailoring marks, and needles to use in her business. She's hoping that her requested loan will be granted so that she can expand and improve her work.

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
  • 268
    View loans »
    Philippines Loans Fundraising
  • $53,116,700
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Lucita to purchase sewing equipment such as thread, tailoring marks, and needles.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 20, 2013
Listed
Mar 6, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2013