Partner Description:

Alalay sa Kaunlaran, Inc. (ASKI) is a non-profit organization based in the Philippines that aims to relieve poverty and unemployment by promoting micro-enterprise development.

The organization started by reaching out to small business owners who had no access to credit. Over time, it expanded its reach to provide non-financial services to clients, and eventually grow into what it is today: a byword of eco-social development in Central Luzon and nearby regions.

ASKI opened its doors in 1987 to promote the development of micro- and small-to-medium enterprises and the delivery of social services. Beginning on a small playing field in Cabanatuan City, it has since branched out into other provinces in Central Luzon and adjacent regions.

From a handful of loans services, ASKI’s offerings have diversified into capacity building, other cooperative arrangements and health and insurance programs, money transfers and more.

ASKI fulfills its social mission by doing community development work and providing outreach programs. Some of these programs include scholarships for students, sponsorship of day care centers, a food program for children, health services for senior citizens, relief for typhoon victims, and donations to other charitable organizations in the area.

September 11, 2011

As part of an ongoing effort to fully migrate risk ratings to our new and enhanced risk rating system, Kiva has conducted a re-assessment of the level of risk posed by this institution.

During this re-assessment, our analysts were able to gather updated operational and financial information about the institution, as well as speak with key members of the staff.

Kiva's new risk rating system, which now includes half stars, has enabled us to display ASKI's risk rating with a higher level of granularity. As a result, ASKI's risk rating will now be displayed as 3.5 stars instead of 4 stars.

We have prepared a blog post with more information on Kiva's new and enhanced risk rating system, along with a chart showing the relative magnitude of the overall changes for Kiva's portfolio.  To view that, please go here:

ASKI has been informed of the change in the display of their rating on Kiva's website.

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Nov 21, 2008 Oct 12, 2005
Total Loans $8,465,975 $709,697,825
Amount of raised Inactive loans $0 $542,325
Number of raised Inactive loans 0 357
Amount of Paying Back Loans $492,275 $132,232,925
Number of Paying Back Loans 901 150,590
Amount of Ended Loans $7,973,700 $576,922,575
Number of Ended Loans 18,987 716,354
Delinquency Rate 10.94% 6.89%
Amount in Arrears $37,493 $5,934,534
Outstanding Portfolio $342,715 $86,112,484
Number of Loans Delinquent 213 19,443
Default Rate 0.23% 1.12%
Amount of Ended Loans Defaulted $18,241 $6,485,241
Amount of Ended Loans $7,973,700 $576,922,575
Number of Ended Loans Defaulted 111 19,256
Currency Exchange Loss Rate 0.00% 0.25%
Amount of Currency Exchange Loss $19 $1,755,454
Refund Rate 1.08% 0.68%
Amount of Refunded Loans $91,825 $4,859,375
Number of Refunded Loans 82 5,363

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 76.86% 74.33%
Average Loan Size $315 $417
Average Individual Loan Size $375 $654
Average Group Loan Size $1,433 $1,846
Average number of borrowers per group 8 8
Average GDP per capita (PPP) in local country $7,000 $5,942
Average Loan Size / GDP per capita (PPP) 4.51% 7.02%
Average Time to Fund a Loan 3.71 days 6.29 days
Average Dollars Raised Per Day Per Loan $85.08 $66.25
  Average Loan Term 5.47 months 10.74 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 13,389 348,819
  Journaling Rate 68.12% 41.45%
  Average Number of Comments Per Journal 0.02 0.07
  Average Number of Recommendations Per Journal 0.65 1.59

Borrowing Cost Comparison (based on 2013 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 53% PY 46.00% PY 32.03% PY
  Profitability (return on assets) 6.6% 4.8% -1.92%
  Average Loan Size (% of per capita income) 15.90% 8.00% 19.63%

Country Fast Facts

Field Partner Staff

Lea Bartolome
Racquel Ellen Borjal
Angelica Cortez
Babylyn dela Cruz
Herminia Diamsay
Team Edit
Erwin Embuscado
Anna Liza Engracia
Zoraida Libunao
Maria Lucas
Greg Macapagal
Janet Macapia
Irish Macaranas
Jane Manucdoc
Shela Mae Moral
Francis Ong
Ellen Pascual
Maria Cinderella Pattalitan
Emie Quijano
Hazel Rodriguez
Racquel Sarilla
Christine Susa
Judith Trilles
Kristine Victoria
Rolando Victoria
Ma. Luisa Villadolid

Kiva Fellow(s)

Binh Nguyen