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Susan
Susan manages a retail business in her village. She sells junk foods, biscuits and spices in her village. Her husband is farmer. When he has extra time, Susan’s husband operates their motorcycle to transport passengers for extra income.

Susan is happy living with her three children. With their source of income, Susan is able to send her children to school so they can finish their education. Susan wanted to continues to operate the business even if her children become professionals.

Susan is asking for a loan of PHP 8,000 to buy drinks, canned goods and rice to sell. She hopes to earn income to have savings for her future emergencies.

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
  • 1140
    View loans »
    Philippines Loans Fundraising
  • $54,578,425
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Susan to buy drinks, canned goods and rice to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2013
Listed
May 1, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 23, 2013