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Susan
Susan is 47 years old and married. She engages in the buying and reselling of bags and footware within the public market. She has been in the business for almost 21 years.

Due to financial hardship, she aims to improve the business and generate sufficient income.

Having inadequate capital, she wants to avail a loan of PHP 9,000 to buy an additional stock of bags, shoes, sandals and slippers to sell.

Through this loan, she believes that she will increase her product offerings and income.

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.

Tags

About Philippines

  • $7,000
    Average annual income
  • 1499
    View loans »
    Philippines Loans Fundraising
  • $59,196,250
    Funds lent in using Kiva
  • 43.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Susan to buy an additional stock of bags, shoes, sandals and slippers to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 27, 2014
Listed
Jun 3, 2014
Currency Exchange Loss:
Possible
Ended:
Jul 26, 2015