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Cely is 45 years old and married with two children. She is thankful because she was blessed with a productive business. She operates car services such as car washing and car painting as well as a sari-sari store. She gets all the expenses needed in their everyday living. That causes her to strive and work harder. She wants to acquire a good income everyday. Now, Cely is requesting additional capitalization to boost up her business. An amount of PHP 40,000 will be a great help in the purchase of car paint, car soap, and grocery items to stock her sari-sari store. She hopes for the approval of her loan requests in order to maximize her business and save for the educational purposes of her two children.

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
  • 707
    View loans »
    Philippines Loans Fundraising
  • $63,241,750
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Cely to purchase car paint, car soap, and grocery items.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Apr 24, 2013
Apr 28, 2013
Currency Exchange Loss:
Oct 23, 2013