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Miriam
Miriam G., from the village of San Pedro, Alicia, Isabela, is 38 years old, married and has four school-aged children. To make a living, Miriam plants and harvests rice for sale. Engaged in this business for a number of years, she earns approximately 60,000 PHP every cropping.



In 2008, Miriam joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Now requesting a new loan, her third, of 30000 PHP which will be used to purchase fertilizers such as manure, Miriam plans to use the additional revenue generated from the business to improve the general living conditions of her family.



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 farmers, fisherfolk and small entrepreneurs.



*Note: To maximize efficiency and reduce costs, this loan was posted using a template to automate the translation by Kiva. Given that manual translation of entrepreneur profiles is costly, Kiva created this template for our Field Partners to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.

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
  • 971
    View loans »
    Philippines Loans Fundraising
  • $54,434,500
    Funds lent in using Kiva
  • 45.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Miriam to purchase fertilizers such as manure.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 19, 2009
Listed
Dec 11, 2009
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2010