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Susan
Susan offers fish, meat, vegetables and frozen foods within her local community. She has been doing this kind of business for two years. In addition to the food production and sales business, she also manages a corn farm and a livestock business, wherein she raises four sows, one boar and seven hogs to be fattened.

Though they don’t have children yet, she is still grateful because of her husband's support of her businesses. Susan would like to increase the kilograms of fish and meat she offers due to harvest season. For this reason she is requesting a loan of PHP 13,000. She hopes to receive this loan amount in order for her to earn better income for her family's needs.

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
  • 352
    View loans »
    Philippines Loans Fundraising
  • $50,982,700
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Susan to buy additional kilograms of fish and meat for her food vending business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 12, 2013
Listed
Mar 12, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 19, 2013