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Lucrecia
Lucrecia is 57 years old, married, and has eight children. She works very hard to provide for them. She is selling fried chicken in the market. She is requesting a loan for 10,000 PHP, which she will use to purchase chicken, cooking oil and ketchup. She is hoping that the loan will improve her income for her children.

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
  • 338
    View loans »
    Philippines Loans Fundraising
  • $52,172,975
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Lucrecia to purchase chicken, cooking oil and ketchup for her fried chicken stand.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 6, 2013
Listed
Mar 9, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 19, 2013