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Arsenia has been selling sandals and slippers within her local community. She acquires her products once a month at Gapan Nueva Ecija.

Arsenia is married having four grown up children. Three of her children have settled in marriage while the other one is still single and working. Arsenia would like to earn greater income allowing her to cover all their household expenses. At her very best, she find ways to make her retail business more profitable.

Arsenia plans to buy more and various kinds of sandals and slippers in order to satisfy her costumers' demands and encourage more costumers to buy her products. The capital she had is not enough, so she is requesting a loan of 15,000 PHP (Phillipine Peso). She hopes to get this loan amount to attain her goals in life and also with her business.

The child on the business picture is her grandson.

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
  • 437
    View loans »
    Philippines Loans Fundraising
  • $69,767,475
    Funds lent in using Kiva
  • 41.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Arsenia to purchase stock of sandals and slippers for her retail business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Sep 6, 2012
Sep 13, 2012
Currency Exchange Loss:
May 24, 2013