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Teresita
Teresita is 54 years old, and is engaged in buying and selling of fish in the village. She does it daily and earns an amount of PHP100-200 a day. Teresita uses this to buy their everyday needs such as rice, spices and viand.

Now, Teresita is asking for a loan amount PHP13,000 to buy variety of fishes to offer. She hopes she could now earn higher than her usual income through the help of additional capital.

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
  • 1129
    View loans »
    Philippines Loans Fundraising
  • $54,596,450
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Teresita to buy a variety of fishes to offer to her customers.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 16, 2013
Listed
Apr 27, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 23, 2013