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Clarita is 37 years old and married to a farmer. They have two children.

Clarita runs a store everyday, and receives around 300 PHP daily. Clarita and her spouse work hard in order to increase profits and customer loyalty. She is asking for a loan of 50,000 PHP to buy cooking oil, canned goods, noodles, and biscuits to sell in her store.

With better profits in her business, Clarita will achieve higher income to use in the business and her children's education. She hopes to see her children work professionally in the future.

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
  • 875
    View loans »
    Philippines Loans Fundraising
  • $63,381,250
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Clarita to buy cooking oil, canned goods, noodles, and biscuits to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Apr 18, 2013
Apr 22, 2013
Currency Exchange Loss:
Nov 19, 2013