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Sonia
Sonia, 50 years old, is married to a driver and blessed with two children. They are currently residing in the village of Culing Centro. Sonia has been a fish vendor in their village for almost 18 years. With this business she has a net income amounting to about Php 20,000. Sometimes she's also selling pork meat for additional income.

She wanted a loan amounting to Php 30,000 to purchase fifteen kilos of fish to sell in her village and in seven other barangays (small communities). Sonia's hoping that her requested loan will be granted so that she can improve her business.

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
  • 942
    View loans »
    Philippines Loans Fundraising
  • $53,438,925
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Sonia to purchase fifteen kilos of fish to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 23, 2013
Listed
Feb 6, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2013