Check out other loans that are currently fundraising!
Aurea R. is 43 years old. She is married to Pedrito, who works as a farmer in their village. They have two children: Precious Ayse - 16 years old, second year college and Ashley, 3 years old. The family is living a simple life in the rural village of Cutog Grande, Reina Mercedes, Isabela. Aurea aims to give her family with a progressive living. This is the reason why she is doing her best in the business to become successful.

Aurea is a soft drink dealer. With her desire to become more productive, she is now requesting to borrow a loan from Kiva lenders amounting to PHP25, 000.00. She is also hoping that someday, she could have her own delivery truck to further serve her customers. At the moment, Aurea is catering most of the community stores in their village with their need for soft drinks. The business is good and she believes that it will grow with her patience and hard work.

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
  • 386
    View loans »
    Philippines Loans Fundraising
  • $70,831,400
    Funds lent in using Kiva
  • 48.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Aurea business Improvement.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jul 28, 2009
Aug 26, 2009
Currency Exchange Loss:
Jan 15, 2010