Kiva conducts regular, ongoing monitoring of all Field Partners, but only posts status updates here in response to relevant, major changes at the partner.

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.

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Nov 21, 2008 Oct 12, 2005
Total Loans $9,354,550 $873,552,325
Amount of raised Inactive loans $0 $604,950
Number of raised Inactive loans 0 505
Amount of Paying Back Loans $666,475 $135,603,825
Number of Paying Back Loans 999 165,411
Amount of Ended Loans $8,688,075 $737,343,550
Number of Ended Loans 20,691 916,223
Delinquency Rate 2.34% 8.60%
Amount in Arrears $10,772 $7,503,236
Outstanding Portfolio $461,124 $87,267,520
Number of Loans Delinquent 79 22,532
Default Rate 0.24% 1.32%
Amount of Ended Loans Defaulted $20,950 $9,715,856
Number of Ended Loans Defaulted 119 27,172
Currency Exchange Loss Rate 0.00% 0.44%
Amount of Currency Exchange Loss $29 $3,823,595
Refund Rate 0.98% 0.65%
Amount of Refunded Loans $91,825 $5,700,625
Number of Refunded Loans 82 5,834

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 77.52% 74.90%
Average Loan Size $326 $407
Average Individual Loan Size $385 $640
Average Group Loan Size $1,433 $1,807
Average number of borrowers per group 8 7.8
Average GDP per capita (PPP) in local country $7,000 $5,934
Average Loan Size / GDP per capita (PPP) 4.66% 6.87%
Average Time to Fund a Loan 3.71 days 6.92 days
Average Dollars Raised Per Day Per Loan $88.07 $58.90
  Average Loan Term 5.59 months 11.05 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 13,664 446,955
  Journaling Rate 64.32% 41.59%
  Average Number of Comments Per Journal 0.02 0.05
  Average Number of Recommendations Per Journal 0.64 1.27

Borrowing Cost Comparison (based on 2014 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 26% PY 46.00% PY 26.87% PY
  Profitability (return on assets) -12.42% 4.8% -0.77%
  Average Loan Size (% of per capita income) 15.90% 8.00% 18.82%

Country Fast Facts

Field Partner Staff

Mary Grace Aggabao
Angelica Cortez
Ellen De Leon
Herminia Diamsay
Team Edit
Erwin Embuscado
Anna Liza Engracia
Zoraida Libunao
Jane Manucdoc
Maria Cinderella Pattalitan
Racquel Sarilla
Judith Trilles
Rolando Victoria
Ma. Luisa Villadolid