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Vanessa is a married woman doing her best to supplement her husband's income for the growing needs of their family. She is 25 years old with two children. Prior to her employment in a certain fast food/bakeshop, she manages a retail store. This business still exists, and her mother-in-law looks after it and her children. Vanessa's husband works in a rural bank too in their town.

Vanessa is requesting a loan of 7,000 PHP to buy grocery items such as canned goods and soda for the retail store. She will also use the loan to purchase house materials such as nails and galvanized iron for the initial construction of their own simple house.

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
  • 331
    View loans »
    Philippines Loans Fundraising
  • $70,673,000
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Vanessa to buy grocery items such as canned goods and soda, as well as some house materials such as nails and galvanized iron.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Nov 8, 2012
Dec 1, 2012
Currency Exchange Loss:
Apr 22, 2013