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Geraldine
Geraldine M. is from the town of Alimanao Peñablanca,Cagayan. She is 36 years old, married and has two school-aged children. To make a living, Geraldine makes and sells food, primarily barbecues to the local community. Geraldine has been engaged in her business for over three years and earns approximately 3000 PHP a month.

Geraldine joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Geraldine is requesting a new loan of 10000 PHP to purchase additional products to sell. This loan will be her third from ASKI. She plans to use the additional revenue to support the immediate members of her family.
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About ASKI:

ASKI is one of the most successful microfinance institutions in the Philippines. It has 25 branches covering the Central and Northeastern areas. Its clients are mostly of farmers, fisherfolks and small entrepreneurs.

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

  • $1175
    Average annual income
  • 1282
    View loans »
    Philippines Loans Fundraising
  • $56,442,200
    Funds lent in using Kiva
  • 46.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Geraldine purchase additional products to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 25, 2009
Listed
Dec 6, 2009
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2010