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Vicenta
Vicenta has been separated from her husband for thirteen years. She is now 60 years old and has five grown children. Vicenta is both father and mother to her five children.

Vicenta owns and run a retail store. She has been involved in this kind of business for thirteen years. With her determination to improve her financial stability, she is seeking a loan of PHP 15,000. She will use this amount to buy grocery items such as milk, sugar, soft drinks, cooking oil and soap for her retail store. She believes that her business will continue to expand, so she can save and be able to maintain both her hog raising business and retail store.

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
  • 368
    View loans »
    Philippines Loans Fundraising
  • $50,742,275
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Vicenta to purchase grocery items such as milk, sugar, soft drinks, cooking oil and soap for her retail store.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 7, 2013
Listed
Mar 9, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 19, 2013