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Feliciana is a hard working mother who helps her husband to generate income for the sake of their family. She is 49 years old and has three children. She operates a motorcycle transport business while her husband cultivates their farm land. They aim to become financially stable in order to satisfy their necessities and give their children a bright future. For this reason, Feliciana is asking for additional capital of PHP 5,000 to buy wheels, a sprocket, gasoline and spare parts needed for the maintenance of the motorcycle. She believes that the loan will be a great help to her in improving the business.

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
  • 342
    View loans »
    Philippines Loans Fundraising
  • $70,737,375
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Feliciana to buy wheels, a sprocket, gasoline and spare parts needed for the maintenance of the motorcycle.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Apr 11, 2013
Apr 19, 2013
Currency Exchange Loss:
Aug 23, 2013