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Analiza's Group
In this Group: Analiza , Barbara, Rowena, Zenaida , Felilia, Armando, Genedina, Erlinda , Madelyn, Terisita, Imelda
Analiza B. is from the village of San Francisco, Cauayan City, Isabela. She is 33 years old. Analiza is the group leader of an 11-member group loan offered by 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. Analiza is married and has three school-age children.

To make a living, Analiza owns and operates a business venture making and selling food. The main source of income for the business comes from making "puto" (rice cakes) and other delicacies for sale. Analiza has been engaged in her business for over three years and earns approximately 5,000 PHP a month for these activities.

In 2008, Analiza joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Analiza has successfully repaid a previous loan of 13,000 PHP from ASKI. This previous loan was used to purchase additional ingredients to make more products for sale. Analiza is requesting a new loan of 18,000 PHP, which will be used to purchase additional products to sell. This loan will be the eighth loan taken out by Analiza from ASKI. She plans to use the additional revenue generated from the business to improve and expand it.

About ASKI:

ASKI is one of the most successful microfinance institutions in the Philippines. It has 38 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 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

  • $1175
    Average annual income
  • 321
    View loans »
    Philippines Loans Fundraising
  • $52,087,775
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A portion of Analiza's Group's $2,550 loan helped a member to purchase additional products to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 24, 2011
Listed
Mar 25, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011