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Maria
This is Maria, 57, a resident of Casibarag, Isabela. She is married to Apolonio, her business partner, and a father to her children. She and her husband are managing their own business. They are working hand in hand to provide income for their everyday expenses.

Maria owns the operations of their motorcycle transportation business. She has a one motor unit, for which they are paid a boundary (daily quota) each day. Her regular customers are her neighbors and the local community.

To help her continue the operations of her business, she is requesting a PHP 7,000 loan. She will be utilizing the loan to buy spare parts and pay for the maintenance of her motor unit. She expects a boost in her business income as she expands her business.

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
  • 233
    View loans »
    Philippines Loans Fundraising
  • $52,041,500
    Funds lent in using Kiva
  • 40.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Maria to buy spare parts and materials needed for her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 20, 2013
Listed
Mar 8, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 19, 2013