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Maria, 54, is from San Pablo and currently lives in Guminga. She is a married mother of five children and she works as a merchant who makes and sells 'kakanin' ( sweet rice with coconut). She has owned her business for over twenty years.

She started her work by helping her mother. It was there that she gained experience and a full understanding of the business. Once she came of age, she decided to keep going in the same line of work because it generated a lot of profit on a daily basis.

This has been her first business which she runs with her husband. She sells her products in the nearby neighborhoods where she lives. She is requesting the loan to buy firewood, sugar, coconuts and banana leaves. All of the ingredients are needed for cooking and to give the 'kakanin' flavor.

The loan will help her a lot since she will be able to invest more in her inventory, increasing her production.

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
  • 418
    View loans »
    Philippines Loans Fundraising
  • $66,139,225
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Maria to buy firewood, sugar, coconuts and banana leaves.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Mar 25, 2013
Apr 9, 2013
Currency Exchange Loss:
Oct 23, 2013