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While taking care of her grand children, Maria manages her beauty salon business. She offers services for hair styling and make-up. To make her income more reliable, Maria also manages a catering service and offering 'special occasion' gowns for rent.

Maria wants to borrow PHP 50,000 to buy materials for her beauty salon and her catering services business. She plans to buy hair treatments, fabric for chairs and table cloths.

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
  • 915
    View loans »
    Philippines Loans Fundraising
  • $63,405,800
    Funds lent in using Kiva
  • 43.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Maria to buy materials for her beauty salon and catering services.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 3, 2013
Nov 4, 2013
Currency Exchange Loss:
Sep 19, 2014