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Teresita
Teresita is married and has two children.

Teresita is engaged in growing of citrus fruit, particularly calamansi. Before, she was a small-scale vegetable vendor. With her desire to succeed and obtain her dreams,Teresita did her best to improve the production of her citrus farm land. Sometimes she buys her co-farmers' citrus fruit and sells it and her own harvested fruit to big buyers.

Since her citrus production has improved, she requested additional capital of PHP 50,000 which allows her to buy more citrus fruits and pay for the expenditures in harvesting her fruits at their farm.

Teresita hopes to run a mini agricultural supply business someday.

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
  • 1302
    View loans »
    Philippines Loans Fundraising
  • $56,301,400
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Teresita to buy more citrus fruits and pay for the expense of harvesting her own fruit.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 23, 2013
Listed
Nov 10, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014