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Precy
Precy is 41 years old, is married to a carpenter, and has three children. She is a small entrepreneur selling frozen meat products such as hot dogs, sausages, and eggs to the people in her village. Precy hopes to keep selling more products for added income and to sustain the education needs of her children. She is now asking for a loan of P25,000 to buy more hot dogs, sausages, and eggs to sell.
Precy hopes to keep improving her income to earn more funds. She will be very happy to see all her children have good employment someday.

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
  • 290
    View loans »
    Philippines Loans Fundraising
  • $50,700,950
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Precy to buy more hot dogs, sausages, and eggs to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 10, 2013
Listed
Apr 13, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 23, 2013