Leticia Gallardo

Thank you for your loan. It has been disbursed to Leticia Gallardo by Alalay sa Kaunlaran, Inc. (ASKI) in Philippines. We are excited to watch this business grow. Over the 5 months of this loan, Alalay sa Kaunlaran, Inc. (ASKI) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.

“A productive business provides a big profit” said Leticia.

She is thankful that through the financial assistance of KIVA lenders, she has able to improve her village store business. She has bought different commodities that are needed by her customers daily.

*******************************************************

About ASKI:

ASKI’s Vision:

A God-centered, model microfinance organization committed to serving the needy in Luzon through socio-economic development and holistic transformation.

To see ASKI borrowers who are currently fund raising on Kiva click Here

To read more about ASKI visit their partner profile page Here

Did you like getting this update? Join the ASKI lending team and support their work Here

Leticia lives in a rural village near Cauayan City. She borrowed PHP 30,000 (USD625). She owns a “sari sari” store, selling food items and drinks in her village. She used her loan to set-up a legal electricity connection. She used to sell only vegetables and food, but with her first ASKI loan she started her sari-sari store. She has had it now for three years.

Leticia has other options in her area, but she chose to borrower from ASKI best they were first and they have the best interest rates. Her wish is to see her business grow.

Thank you so much for helping support Leticia and her family through your loan. ASKI-MFI appreciates your financial and social investment. ASKI-MFI looks forward to partnering with you again in the future enabling them to continually provide quality financial services to Philippines’ small business entrepreneurs.

If you would like to learn more about ASKI Microfinance Institution and their numerous poverty alleviating programs, please visit their website. http://www.aski.com.ph/

To see current Kiva ASKI-MFI borrowers who need loans, please click the link below.

Kiva Fundraising loans at ASKI MFI

Regards,

Teresa Dunbar

Kiva Fellow ASKI-MFI

In the picture attached, Ms. Leticia is sitting with her borrower group. Where the interview was conducted.