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Bernadette O. is a 40-year-old, married woman from the town of Maamot, San Jose, Tarlac. Bernadette has 1 adult-age child. To earn a living, Bernadette owns and operates a business venture in the retail sector. More specifically, she runs a general store, so her primary source of income is derived from selling a variety of products to her fellow community members. Bernadette has been engaged in this business for over 4 years and earns approximately 7,000 PHP per month from these activities.

In 2010, Bernadette joined ASKI to gain access to financial services. In turn, she hopes to be able to better engage in business activities and to thereby improve her standard of living. Bernadette is requesting a loan in the amount of 5,000 PHP ($125), which will be used to purchase additional products to sell. This loan would be the first loan taken out by Bernadette from ASKI. She plans to use the additional revenue generated from the business as a result of the loan to supplement her family's income.

About ASKI: ASKI is one of the most successful microfinance institutions in the Philippines. It has 29 branches, which cover the Central and Northeastern areas of the country. Its clients are mostly of farmers, fishermen/women, and 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

  • $7,000
    Average annual income
  • 1427
    View loans »
    Philippines Loans Fundraising
  • $59,280,625
    Funds lent in using Kiva
  • 44.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Bernadette to expand her business by purchasing additional products and inventory.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Mar 22, 2010
May 1, 2010
Currency Exchange Loss:
Sep 15, 2010