Total loan: $975


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Talavera, Nueva Ecija, Central Luzon, Philippines / Retail

Ricardo's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped to buy souvenir-making materials, like beads, stones, paper, wood, thread, nickel, etc.

Ricardo's story

Ricardo is a 54-year-old businesswoman from Talavera, Nueva Ecija. He's happily married to Lucila and blessed with three children still pursuing their studies.

He's sold handmade souvenirs for almost 12 years and has been a good-paying client of Alalay sa Kaunlaran, Inc. (ASKI) for about ten years.

He's been granted 50,000 PHP under the business loan program of ASKI. The loan will be used to buy materials to make souvenirs, like beads, stones, paper, wood, thread, nickel, etc. so more souvenirs that might earn more profit can be made to sell. His dream wants to expand her business and to create employment. Ricardo hopes, with the help of ASKI and KIVA lenders, his souvenir business will grow.