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Victoria is 59 years old, separated, and has four grown children. She is glad because her children are supportive in every decision she makes. Victoria has been running a variety store for ten years and aims to have a viable source of income so she can further secure her family's future and be able to save some money for emergencies.

Victoria is requesting a loan of PHP18,000 to purchase groceries, candies, biscuits, instant noodles, soft drinks, eggs and other basic commodities for her store. She knows that this loan will help make her business more profitable and enable her to provide quality service to all of her customers. Victoria really hopes for the ongoing success of her enterprise.

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
  • 488
    View loans »
    Philippines Loans Fundraising
  • $65,910,450
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Victoria to purchase candies, biscuits, instant noodles, soft drinks, eggs and other basic commodities for her variety store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jan 24, 2013
Feb 15, 2013
Currency Exchange Loss:
Apr 22, 2013