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Violeta
Violeta knows the hardship of life and even how hard it is to be too far from family. She worked abroad before. When she went back to the Philippines for good, she has managed her store. The profit gained from her business has been a big contribution to providing for her family's daily basic needs. Violeta wants to earn more and save some of it for any future emergencies. With her desire to get ahead in life, she is requesting a loan of PHP 30,000 to buy soft drinks, breads, soap, toothpaste and cooking oil to sell. Violeta is looking forward to the growth of the business to further attain her goals in life.

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
  • 268
    View loans »
    Philippines Loans Fundraising
  • $52,839,500
    Funds lent in using Kiva
  • 45.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Violeta to buy soft drinks, breads, soap, toothpaste and cooking oil to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 13, 2014
Listed
Feb 7, 2014
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014