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Regina, age 38, has owned and operated a retail store in her village for almost four years. She is requesting a loan in the amount of 50,000 PHP in order to purchase additional commodities to sell. Her net income is 25,000 PHP a month.

She is grateful for the continued assistance offered to her by Kiva lenders and intends to further improve her business. She will use the increased profits from her business to adequately support her family.

Regina and her husband, who operates a tricycle transportation business, have four children.

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
  • 380
    View loans »
    Philippines Loans Fundraising
  • $70,831,400
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Regina to purchase additional commodities to offer for sale in her shop.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
May 18, 2011
Jun 18, 2011
Currency Exchange Loss:
Dec 17, 2011