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Priza
Priza C. runs a sari-sari store (general store) in her village. She is 33 years old and her husband, Bernalino, is working as a farmer. They are blessed with three children: Cristel – 8 years old, currently in the third grade; Krizell – 15 years old, fourth year high school; and Kelvin – 17 years old, a first year college student. Priza proudly shares that they have a good relationship in the family and remain faithful to God, especially in times of problems or difficulties.



Priza wants to improve her small village store. Thus, she hopes to receive a loan amounting to PHP 3, 000 that will serve as additional capital. The loan will be utilized to purchase rice, vegetables, meat, and fish. She is also planning to buy basic commodities for her store. Priza is hoping that through her business, she can help her husband in supporting the educational expenses of their children and hopefully repair their house in the future. Priza says that by working hand-in-hand towards their goal, they will become successful with their endeavor.

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
  • 344
    View loans »
    Philippines Loans Fundraising
  • $52,706,975
    Funds lent in using Kiva
  • 47.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $75 helped Priza purchase of vegetable, meat and fish for re-sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 23, 2009
Listed
Feb 16, 2009
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009