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Cristina is already 56 years old. She is married to Paulino who is 68 years old and works as a simple farmer in their village. They are gifted with three children and they are so grateful because all of their children were able to finish their college education and are now working. Sometimes, their children assist them financially but Cristina does not want to depend too much on their children for their needs.

Cristina manages a village store and sells vegetables. She is requesting a loan from Kiva lenders amounting to PHP 15,000 as additional capital to further improve her simple enterprise hoping to eventually have an increase in income. She also wants her hog-raising business to be stable by maintaining their feed supply. She really wants to improve her sales to create a good income.

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

  • $7,000
    Average annual income
  • 421
    View loans »
    Philippines Loans Fundraising
  • $70,831,400
    Funds lent in using Kiva
  • 47.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Cristina additional capital.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Jul 9, 2009
Aug 6, 2009
Currency Exchange Loss:
Jan 15, 2010