A loan of $500 helped to pay for supplies to make baskets from bamboo, plus transportation costs.

Annaliza's story

Annaliza M. is 42 years old and married to Renato, who is 47 years old and her business partner. She is a native of the island vilage in the town of Binangonan, Rizal province in the Philippines. The island is sorrounded by lake and there are mountains on the island.

In 2004, Annaliza joined ASHI (Ahon Sa Hirap, Inc.), an MFI and Kiva partner in the Philippines, with hope to rise above poverty. Her previous loans were carefully spent on her business making kaing (large basket made from bamboo) as her primary business. The business runs smoothly and returns good proceeds for her family. A portion of her loans also went to her secondary business of reselling charcoal.

Now on her fifth loan, she is requesting a loan of 23,000 pesos as additonal capital for her kaing making business and also for her secondary business. The loan wil be used to pay for 100 pieces of bamboo, 10 rolls of binder, and for transportation expanses. Also, a portion of the loan will go to her secondary business, the resale of charcoal, as addtional capital.

She is hopeful that she can earn more income to save for her and her husband's future since they have no children. She still has hopes of having a child.

Loan details

Lenders and lending teams

Loan details