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Carolina
Carolina, 63 years-old, is a widow with six adult children. Carolina has managed a rice and corn store in their village for almost 53 years. In this business she's earning a net income of Php 4,000 per week. She would like to have a loan of 30,000 PHP in order to purchase rice and corn to sell. She's hoping that her requested loan will be granted so that she can establish a profitable business.

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
  • 1399
    View loans »
    Philippines Loans Fundraising
  • $56,534,775
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Carolina to purchase rice and corn to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 5, 2013
Listed
Apr 27, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2013