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Benita
Benita is a 49-year-old, married woman. Her husband is a farmer, and they are blessed with five children.



To earn a living, Benita offers different kinds of vegetables for sale within her local community. She explains that she has been in this line of business for one year.



Benita would like to increase her stocks of bananas, bitter gourds and eggplants, but she has insufficient capital to do so. As a result, she is asking for a loan in the amount of 5,000 PHP. She hopes to obtain this loan amount so that she can improve her family's living conditions in the future.

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
  • 330
    View loans »
    Philippines Loans Fundraising
  • $52,706,975
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Benita to expand and improve her vending business by purchasing additional bananas, eggplants, and bitter gourds.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 20, 2013
Listed
Mar 7, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 19, 2013