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Normalita's Group
In this Group: Normalita, Rodolfo, Amelia, Dalisay, Josephine, Evangeline, Diomedes
Normalita A. is from the town of Nagbukel, San Isidro. She is 46 years old. Normalita is the leader of a seven member group loan offered by Kiva partner ASKI. While each member of the group receives an individual loan, they are all collectively responsible for paying back the loans of their fellow group members if someone is delinquent or defaults.

Normalita is married and has three school-aged children. To make a living, Normalita owns and operates a store selling cosmetics and silver jewelries. Normalita has been engaged in her business for over one year and earns approximately 6,000 PHP a month.

In 2009, Normalita joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Normalita is requesting a loan of 8,000 PHP which will be used to purchase additional cosmetics and silver jewelries. This loan will be the second loan taken out by Normalita from ASKI. She plans to use the additional revenue generated from the business to improve and expand her business.

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, fishers 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 Partner 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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Philippines

  • $7,000
    Average annual income
  • 704
    View loans »
    Philippines Loans Fundraising
  • $63,241,750
    Funds lent in using Kiva
  • 46.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A portion of Normalita's Group's $1,225 loan helped a member to purchase additional cosmetics and jewelries.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Dec 18, 2009
Jan 1, 2010
Currency Exchange Loss:
Jun 15, 2010