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Prescila
Prescila manages a school canteen and her home-based store.She has also engaged herself in farming and hog-raising. Prescila is a widow and has four adult children.

Prescila would like to take out for a loan of PHP 40,000 allows her to buy stock of merchandise such as assorted biscuits, snacks, candies, soft drinks and ingredients for her school canteen and home-based store business .She hopes that through this loan amount she can further improve her business, enabling her to earn greater income, educate her grandchildren and improve her way of life.

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

  • $7,000
    Average annual income
  • 1488
    View loans »
    Philippines Loans Fundraising
  • $59,411,500
    Funds lent in using Kiva
  • 40.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Prescila to buy stock of merchandise such as assorted biscuits, snacks, candies, soft drinks and ingredients for her school canteen and home-based store business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2013
Listed
Mar 27, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 22, 2013