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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
  • 1082
    View loans »
    Philippines Loans Fundraising
  • $54,704,675
    Funds lent in using Kiva
  • 43.5
    Philippines Pesos (PHP) = $1 USD
Ended with Loss - Defaulted
A loan of $575 helped this borrower to pay for the repairs and maintenance of his motorcycles.
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 24, 2013
Listed
Aug 12, 2013
Currency Exchange Loss:
Possible
Defaulted:
Aug 12, 2014