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Divina
Divina is 40 years of age, married to a farmer/carpenter and they are blessed with two children.

Divina has owned and operated a retail store in their village for almost twenty two years and earns a net income of 200 PHP per day. Her profits are spent on their daily expenditures and school allowances for their son. Due to financial constraints she would like to avail a loan amounting to 30,000 PHP to purchase rice grains, coffee, sugar, coffee creamer, vinegar, soy/fish sauce and noodles to sell. She's hoping that her business will continue to grow and become more profitable.

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
  • 1119
    View loans »
    Philippines Loans Fundraising
  • $54,578,425
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Divina to purchase rice grains, coffee, sugar, coffee creamer, and noodles to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 24, 2013
Listed
Nov 13, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014