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Violeta
Violeta is 40 years old and married to Romeo A.. They are now living in the rural area of Barangay Lapogan Tumauini, Isabela, with their two children: Ricky Jun, 20, an automotive course graduate and Ruby Jane, 18, a high school graduate. Due to a lack of financial resources she never had the chance to send her children to college.

Violeta is operating a sari-sari store (a community based store), and she believes that through her passion for the business, she will be able to improve their life. With a loan of PHP 7,000.00, she intends to buy additional stocks such as soft drinks, canned goods and other basic commodities. She hopes to sustain her village store.

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
  • 1123
    View loans »
    Philippines Loans Fundraising
  • $54,559,375
    Funds lent in using Kiva
  • 47.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Violeta to buy additional stocks for her store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 22, 2009
Listed
Feb 7, 2009
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009