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Florencia
Florencia is a woman who has a strong determination to succeed. She is a hard-working mother with two children. She manages a 'sari-sari' store business within her village.She is selling various items like soap, shampoo, conditioner and beverages. Generated income from her store business is used for her piggery business.

Florencia wishes to improve her sales and income but her capital is not enough; that's the reason why she's requesting a loan of PHP 30,000 to buy canned goods, beverages, condiments and many more goods for her general store. She hopes to earn better income to secure her family's welfare and be able to ensure her hogs have proper nutrition.

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
  • 375
    View loans »
    Philippines Loans Fundraising
  • $50,935,875
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Florencia to buy canned goods, beverages, condiments and many more items for her general store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2013
Listed
Nov 13, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014