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Felicisima is a hard-working mother who is engaged in a Karinderia (food stall) business. She cooks food daily and sells it in her village. Her Karinderia stall business is located in front of her house. Felicisima is a widow and mother of five grown children. According to her, Felisicima needs to work hard to earn a higher income in order to sustain her grandchildren's needs while they are living with her. Felicisima is requesting a loan of P50,000 to buy meat to cook and spices for the food. She plans to manage her business well and earn a higher income to continue helping her grandchildren while their parents are working abroad.

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
  • 382
    View loans »
    Philippines Loans Fundraising
  • $70,831,400
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Felicisima to buy meat to cook and spices for the food.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 22, 2013
Apr 18, 2013
Currency Exchange Loss:
Jul 17, 2014