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Agripina wants to borrow a loan of PHP20,000. She will use it to buy drinks, eggs and spices, to sell at her store. She wants to add more products to her store, to meet the needs of her valued customers. Agripina has been running her sari-sari (general) store business in their village, for four years already. She has two children attending school. Agripina’s husband works as a welder. She wants to help her husband, seeking for a better source of income for the future of their family. Agripina believes that by taking this loan she can help her husband, even in a simple way.

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
  • 362
    View loans »
    Philippines Loans Fundraising
  • $70,796,875
    Funds lent in using Kiva
  • 42.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Agripina to buy drinks, eggs and spices, to resell to her customers.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
May 28, 2013
Jun 22, 2013
Currency Exchange Loss:
Nov 19, 2013