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Filomena
Filomena manages a talipapa (vegetable stall) at the market and sells fruits and vegetables for income. She is now 48 years old, married, and has a child who is still studying and in need of a daily allowance.

Filomena is now borrowing a loan of PHP 25,000 to buy more cabbages, tomatoes, eggplants, and bananas to sell. This will help achieve more sales in the business.

Filomena hopes to keep extending good products and services to all her customers and to gain good income in order to save funds for future expenses and, someday, achieve financial stability.

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
  • 1415
    View loans »
    Philippines Loans Fundraising
  • $59,122,500
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Filomena to buy more cabbages, tomatoes, eggplants, and bananas to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2013
Listed
Apr 15, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014