Check out some available loans that are similar to this one!
Mary Ann
Mary Ann M. is from San Jose Norte 2, Mallig Isabela. She is married to Artemeo M.. They are both 32 years old and have two children. The elder is a boy and he is already studying. The younger one is 1 year old.

Mary Ann is requesting the amount of 50,000 Philippine pesos from Kiva lenders for additional capital to maintain and improve her store. She started her business selling junk foods in her general store. While she is reaching years in her business, she also achieved improvement in her business and became a dealer of soft drinks in their village. At present, she is selling feed for hogs, liquefied petroleum gas, slippers and other items that are important to their locality for daily consumption.

Her husband accompanied her in delivering the products and also in purchasing goods in the market for their store to minimize expenses. Her husband is the one who will drive their motorcycle and use it for their business. They have also improved their house and have an extension of their kitchen from their income. According to this couple, they have about Php 3,000 weekly net income and they continuously revolve it to the other business.

One of the dreams of Mary Ann is to improve her business so that someday it will become a grocery shop to help people within their village.

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
  • 235
    View loans »
    Philippines Loans Fundraising
  • $50,678,025
    Funds lent in using Kiva
  • 47.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Mary Ann additional capital to maintain and improve her store business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 9, 2009
Listed
Nov 23, 2009
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2010