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Marcela
Marcela is 48 years old and married with four kids. Marcela is engaged in selling through a food market. With the help of her husband, they have together run the business for ten years. To have additional income she is asking a loan amounting to 30,000 PHP to buy meat, vegetables and chicken to grow her business. Marcela hopes that she can save enough money for her children's future.

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

  • $7,000
    Average annual income
  • 1643
    View loans »
    Philippines Loans Fundraising
  • $59,025,175
    Funds lent in using Kiva
  • 43.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Marcela to buy meat, vegetables, and chicken to grow her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 21, 2014
Listed
Aug 10, 2014
Currency Exchange Loss:
Possible
Ended:
Sep 19, 2014