100%

funded

Total loan: $1,000

Magdalena

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Gabaldon, Nueva Ecija, Central Luzon, Philippines / Food

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A loan helped to buy stocks of vegetables to resell.


Magdalena's story

Magdalena is a 60-year-old business woman from Gabaldon, Nueva Ecija. She is happily married to Celerino, and was blessed with three children who are still studying. She has been engaged in selling vegetables for almost 10 years. Magdalena has been a good-borrower client of Alalay sa Kaunlaran (ASKI) Inc. for more than 3 years. She has been granted a loan amounting to 50,000 PHP under the business loan program of ASKI. Her loan proceeds will be used to buy stocks of vegetables to resell so that she can gain a higher income to support her family needs. Her dream is for her family to have a better living. She hopes that with the help of ASKI and Kiva lenders, she will become a successful micro-entrepreneur.