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Linda's Group
In this Group: Linda, Zenaida, Marites, Wilma, Apolonia, Zozima, Mary Ann, Ronald, Leona, Milagros*, Marilyn*
* not pictured
Linda P. lives in the village of San Jose. She is 36 years old and leads an 11-person loan group, nine of whose members we see here, that is affiliated with 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.

Linda is married, has two school-aged children and makes a living by raising livestock. She has been in this line of work for more than five years and makes about 4,000 PHP when she sells one of her animals.

Last year, Linda joined ASKI to gain access to financial services to help improve her life and ability to engage in business. She has successfully repaid a loan of 5,000 PHP from ASKI and is applying for a new one, for 8,000 PHP, to invest in expanding her business. She plans to use the additional revenue made possible by this loan to continue expanding her business.

About ASKI:
ASKI is one of the most successful microfinance institutions in the Philippines. It has 38 branches covering the Central and Northeastern parts of the country. Its clients are mostly of farmers, fishermen and women, 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
  • 859
    View loans »
    Philippines Loans Fundraising
  • $63,374,250
    Funds lent in using Kiva
  • 43.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A portion of Linda's Group's $1,175 loan helped a member to expand several small businesses.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jan 14, 2011
Feb 12, 2011
Currency Exchange Loss:
Aug 16, 2011