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Susan
Susan is a mother who owns and manages a small variety store in her community. She is now 52 years old and has two grown-up children. Despite the hardships of living, she has the strong determination to uplift their status of living and give her family a better life.

In this regard, Susan aims to improve her variety store to generate a higher income. But due to insufficient capital, she is requesting an additional loan of PHP 10,000 to buy beverages, charcoal, rice, canned goods, seasonings and frozen foods for sale. Through her patience and strong determination she believes that someday, she will improve the business and make it more profitable in the future.

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
  • 1350
    View loans »
    Philippines Loans Fundraising
  • $56,542,450
    Funds lent in using Kiva
  • 40.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Susan to buy beverages, charcoal, rice, canned goods, seasonings and frozen foods to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 12, 2012
Listed
Jan 8, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 22, 2013