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Maria
Maria is 40 years old, married and has six school-age children. She engages herself in the buying and selling of fruits and vegetables in the local community to supplement her husband's income. She is aiming to improve the business and generate sufficient income to support the education of their children and give them a better life.

Due to insufficient capital, she is requesting additional capital of 15,000 PHP to buy cabbages, sweet potatoes, squashes, taro, onions, sayote tops and garlic for sale. Despite problems and difficulties in life, she believes that she will be going to make an improvement in the business through this financial assistance.

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
  • 495
    View loans »
    Philippines Loans Fundraising
  • $50,987,600
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Maria to buy cabbages, sweet potatoes, squashes, taro, onions, sayote tops and garlic for sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 22, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 22, 2013