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Susan
Susan worked abroad for eight years. Wanting to be with her family, Susan decided to go home and build her own business. Currently, Susan operates her carinderia and boarding house businesses. She has run her carinderia for eight years and she has managed the boarding house for nine years. Susan and her husband are blessed with four children, two of whom are already working while the other two are still studying. Susan aims to have a stable source of income and provide her family with a better way of life. Aside from that, she wants her other two children to finish their College studies. For her goals to be realized, she is asking for additional capital of PHP 15,000 which will be used to buy kitchen utensils, raw meat and various kinds of vegetables to keep her carinderia profitable. Susan believes that her requested loan will be granted through the KIVA lenders.

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
  • 1398
    View loans »
    Philippines Loans Fundraising
  • $59,123,575
    Funds lent in using Kiva
  • 43.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Susan to buy kitchen utensils, raw meat and vegetables for her carinderia business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 22, 2013
Listed
Jun 18, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2013