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Maria Fe
Maria Fe lives serenely in Magalalag. She has been a widow for almost five years now and has two young children. She carries the burden alone of giving them sustenance. She operates a small store, from as early as six o'clock in the morning until seven o'clock in the evening. On weekends, her children also help her in the business. She gains about 300 PHP daily doing these activities. She would like to keep extending good and affordable prices to her valued customers in order to help her achieve good sales.

Maria Fe is now borrowing a loan of 50,000 PHP for additional capital to expand her business. She will buy more grocery items (biscuits, sugar, milk, eggs, bread, soap) to sell in her store. With strong determination and patience in her business, Maria hopes to achieve success in the business and will also bring welfare to her family.

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
  • 314
    View loans »
    Philippines Loans Fundraising
  • $70,580,225
    Funds lent in using Kiva
  • 41.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Maria Fe to buy more grocery items (biscuits, sugar, milk, eggs, bread, soap) to sell in her store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 11, 2012
Aug 12, 2012
Currency Exchange Loss:
Sep 20, 2013