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Victoria
Victoria is 30 years old and has two children.

She is responsible housewife who runs a small retail store within her community to supplement her husband's income. She has operating the business for almost two years and she aims for more improvements in order to generate a higher income.

Due to financial insufficiency, she is seeking a loan amount of PHP 10,000.00 to buy additional stocks of soft drinks, canned goods, assorted biscuits, beverages, seasonings and noodles to resell in her store. She is kind and industrious, and she hopes that she will further improve the business some day.

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
  • 267
    View loans »
    Philippines Loans Fundraising
  • $53,216,600
    Funds lent in using Kiva
  • 45.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Victoria to buy additional stocks of soft drinks, canned goods, assorted biscuits, beverages, seasonings and noodles.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 14, 2014
Listed
Mar 28, 2014
Currency Exchange Loss:
Possible
Ended:
Sep 19, 2014