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Maxima
Running a retail store for a daily profit of P200 is what occupies Maxima's daily schedule. She keeps generating income to provide a good education for her two children. She has six children. Four of them are married and now live independently.

According to her, she has many competitors in the village who sell the same items as she sells so she needs to buy more grocery items for her store. She is now requesting a loan of P23,000 to buy items such as canned goods, bread, eggs, milk and sugar to sell.

In the future, she would like to see her two children finish a degree and someday seek good employment and help lift their family out of poverty.

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

  • $7,000
    Average annual income
  • 1481
    View loans »
    Philippines Loans Fundraising
  • $59,226,550
    Funds lent in using Kiva
  • 43.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Maxima to buy grocery items such as canned goods, bread, eggs, milk and sugar to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 13, 2011
Listed
Oct 22, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 21, 2012