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Maria
Maria is a mother of five children and married to a farmer. She is now 61 years old, yet still hopes for greater income someday. Her youngest child still attends school in college. With her husband, they plant various kinds of fruits such as bananas, pineapples, and vegetables. She also offers these within their village.

Other than fruit and vegetables selling, she has also managed a general store for 40 years now. In this regard, she would like to ask for a loan to buy stocks of various merchandise for her general store like canned goods, candies, noodles, condiments, and more. She knows that through this additional capital and her hard work, her family will somehow get ahead in life.

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
  • 360
    View loans »
    Philippines Loans Fundraising
  • $50,943,675
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Maria to buy stocks of various merchandise for her general store like canned goods, candies, noodles, condiments, and more.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 5, 2013
Listed
Oct 7, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014