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Maria Theresa
Selling both food and daily-use products is the primary source of income upon which Maria Theresa and her family rely. She makes only about P3,000 each month from her business. She sells sardines, soap, shampoo, sugar, milk and coffee. She has been operating this business for almost three years. Income generated from the business went to school fees and allowances of her four children.

She is asking for additional capital of P10,000 to buy soft dinks, canned goods, and noodles to sell in her store. These additional items would help increase sales capacity.

In the future, she aims for a better quality of life for her family, especially financing the education of her children.

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
  • 372
    View loans »
    Philippines Loans Fundraising
  • $70,805,925
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Maria Theresa to buy soft dinks, canned goods, and noodles to sell in her store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Oct 21, 2011
Nov 19, 2011
Currency Exchange Loss:
May 21, 2012