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Marilyn
Marilyn is 52 years old and is married to Armando T.. They live in the village of Minallo Naguillan, Isabela. They are blessed with 4 children who have all graduated from high school. None of them pursued studies in college because they could not afford the cost.


Marilyn has been selling vegetables for many years. Since she does not have enough capital to grow her business on her own, Marilyn is asking for the support of ASKI. She wants to borrow PHP 7,000 to help expand her business. She also admits that her weekly income from her vending is not enough to support her family's needs and she is hoping to increase her capital to generate an income that can fully support 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

  • $1175
    Average annual income
  • 327
    View loans »
    Philippines Loans Fundraising
  • $52,207,900
    Funds lent in using Kiva
  • 48.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Marilyn business Expansion.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 24, 2009
Listed
May 19, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009