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Arcely is a responsible mother and a persevering micro-entrepreneur residing in the village of Manamtam Bambang, Nueva Vizcaya. She is married to Ricardo and blessed with four children. Two are now in college and two are in the high school level. They want them to be successful in their studies and have a successful jobs in the future. The welfare of their children is the motivation of the couple to work hard.

Arcely is managing a village store while her husband works as a farmer. She is now asking for financial support from Kiva lenders to further improve her general store business. She hopes to borrow the amount of PHP 30,000 that she will utilize in purchasing more merchandise. Aside from her store, Arcely is also selling fruits and vegetables to meet the needs of their family and also for their hog-raising business. She is looking forward for the support of the lenders and always believes that “praying without ceasing” will be of great help.

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
  • 373
    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 $650 helped Arcely additional working capital.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Jul 10, 2009
Aug 7, 2009
Currency Exchange Loss:
Jan 15, 2010