Funded

Total loan: $2,000
Powered by 65 lenders

Hilaria's Group


A loan of $2,000 helped a member to purchase additional products to sell.


Hilaria's Group's story

Hilaria S. is from the village of Culalabat, Cauayan City, Isabela. She is 45 years old. Hilaria is the group leader of a 11-member group loan offered by ASKI. While each member of the group receives an individual loan, they are all collectively responsible for paying back the loans of their fellow group members if someone is delinquent or defaults.

Hilaria is married and has three adult children. Hilaria owns and operates a general store. The main source of income for the business comes from selling both food & daily use products in the local community. Hilaria has been engaged in her business for over 10 years and earns approximately 4,000 Philippine pesos (PHP) a month from it.

In 2007, Hilaria joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business. She has successfully repaid her last loan from ASKI, which was for 12,000 PHP and was used purchase additional products to sell.

Hilaria is requesting a new loan of 8,000 PHP which will be used to to purchase additional products to sell. This loan will be her eighth from ASKI. She plans to use the additional revenue generated from the business to supplement her family's income.

About ASKI:

ASKI is one of the most successful microfinance institutions in the Philippines. It has 38 branches covering the Central and Northeastern areas. Its clients are mostly of farmers, fisher-folk and small entrepreneurs.

*Note: To maximize efficiency and reduce costs, this loan was posted using a template to automate the translation by Kiva. Given that manual translation of entrepreneur profiles is costly, Kiva created this template for our Field Partner to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.

In this group: Hilaria, Norma, Rosenda, Erlinda, Fraida, Lolita, Cita, Jose, Ronnie, Wilfred, Corazon
*not pictured



Loan details

Loan length:

8 months
Disbursed date: February 25, 2011
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: February 25, 2011
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)