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Cynthia
Cynthia lives at Caggay with her spouse and two young-aged children. She has a small bakery business, which she and her spouse manage to earn a living.

Cynthia wanted to keep improving their output so that all her customers will be satisfied with the delicious foods they sell. She is now asking for a loan of PHP 7,000 to buy flour and margarine to use in the bakery.

Someday, Cynthia hopes to keep improving sales and income to further develop her business and improve her family's living conditions.

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
  • 233
    View loans »
    Philippines Loans Fundraising
  • $53,068,925
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD