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Sonia
Sonia, 48 years old, lives in Estefania with her husband and children. Her spouse is a farmer, while she cooks and sells snacks to supplement their income. Because she only earns P4,000 monthly, just enough for their daily expenses, she aims for better profits to better provide for her family's needs.



Sonia is now requesting a loan of P6,000 to buy cooking oil, flour, sugar, bananas and eggs to use in cooking snacks. The resulting increased income will help to provide a better 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

  • $1175
    Average annual income
  • 1286
    View loans »
    Philippines Loans Fundraising
  • $56,280,875
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Sonia to buy cooking oil, flour, sugar, bananas and eggs to use in cooking snacks.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2013
Listed
Apr 22, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 23, 2013