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Cipriana
Cipriana, age 52, runs a sari-sari (general store) business in the village of Sto. Niňo, Angadanan. She and her husband have seven children, and Cipriana works hard to help support and raise them. She has operated her business for three years. She usually receives a net income of PhP 300 a day.

Cipriana is requesting a loan in the amount of PhP 15,000 to buy canned goods, eggs, cooking oil, curls, bread, and beverages to offer for sale. She hopes to continue to grow her 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

  • $7,000
    Average annual income
  • 1654
    View loans »
    Philippines Loans Fundraising
  • $59,015,550
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Cipriana to buy canned goods, eggs, cooking oil, curls, bread, and beverages to offer for sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 17, 2013
Listed
Apr 28, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 22, 2013