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Racquel's main source of income is through buying and selling vegetables. As a hard working mother, she wants to provide for all the needs of her children. She desires to make her business even more profitable.

She is requesting a loan amounting to PHP 50,000. If the loan is granted, she will utilize the money to buy cabbage, string beans, squash, tomatoes, eggplant and pechay. She is very hopeful that through the loan, and with her perseverance, she will achieve all of her dreams especially for her children.

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
  • 335
    View loans »
    Philippines Loans Fundraising
  • $70,752,750
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Raquel to buy cabbage, string beans, squash, tomatoes, eggplant and pechay.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 25, 2013
May 24, 2013
Currency Exchange Loss:
Feb 19, 2014