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Susan
Susan is 38 years old and separated with four children. As a single parent, she has many obligations to her children. For the past year, Susan has managed a shop where she sells meat. She is thankful that her business runs smoothly through her hard work and determination.

Susan is requesting a 20,000 PHP loan to buy stocks of frozen meat to increase her stock and meet customer need. She hopes her loan will be approved as her household expenses have increased. In the future, Susan plans to give her children a quality education and provide a better way of life for her family.

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
  • 1418
    View loans »
    Philippines Loans Fundraising
  • $59,134,475
    Funds lent in using Kiva
  • 40.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Susan to buy stocks of frozen meat to increase her stock.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2012
Listed
Jan 30, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 23, 2013