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Christhy
Christhy B. is from the village of Centro 2, San Guillermo,Isabela. She is 34 years old. Christhy is married and has 2 school-aged children. To make a living, Christhy owns & operates a motorcycle transport business in the community. Christhy has been engaged in her business for over 6 years and earns approximately 3000 PHP a month in this activities.

In 2009, Christhy joined ASKI to gain access to financial services to help improve her living situation and her ability to engage in business activities. Christhy has successfully repaid a previous loan of 6000 PHP from ASKI. This previous loan was used to repair a transport vehicle used in the business. Christhy is requesting a new loan of 8000 PHP which will be used to repair a transport vehicle used in her business. This will be the 3rd loan taken out by Christhy 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 29 branches covering the Central and Northeastern areas. Its clients are mostly of farmers, fisherfolks 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.

About Philippines

  • $1175
    Average annual income
  • 274
    View loans »
    Philippines Loans Fundraising
  • $53,116,700
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD