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Susan
Susan, 26 years old, is married to a farmer, and blessed with two children. She has owned and managed a retail store in their village for almost three years, earning PHP 300 daily. She's also a retailer of gasoline for an additional source of income. Due to lack of capital, Susan decided to request a loan of PHP 12,000 to purchase coffee, sugar, detergent, soaps, canned goods, and beverages. She's hoping that her requested loan will be granted so that she can generate more income in her retail store.

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
  • 359
    View loans »
    Philippines Loans Fundraising
  • $50,739,475
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Susan to purchase coffee, sugar, detergent, soaps, canned goods, and beverages.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 9, 2013
Listed
Jul 15, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 23, 2014