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Marilou
Marilou is engaged in a direct selling business. She sells different products from NATASHA, AVON, BOARD WALK and MSE, located in the public market of Tumauni, Isabela. She would like to avail a loan amounting to PHP 50,000 for the improvement of her business outlet and also to purchase more stock that she can offer to her customers and dealers. She hopes that her business will grow and that she will become a successful manager of her own enterprise. She is hoping that through her direct selling, she may able to generate higher income to save for the education of her son and for the renovation of their house to give her family a safe and comfortable place to live.

Marilou is 33 years old and her husband, Eljune, is working as a security guard. They have a five-year-old son named Jhun Zach. Her family is living a happy and healthy life in the municipality of Luna, Isabela. She and her husband want the best for their son and they help each other to earn enough money for his education and also for their future 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

  • $1175
    Average annual income
  • 338
    View loans »
    Philippines Loans Fundraising
  • $52,130,550
    Funds lent in using Kiva
  • 47.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Marilou business Improvement.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 13, 2009
Listed
May 28, 2009
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011