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Due to our uncontrollable economic crisis, many are jobless and hopeless for their future. But, according to Marieta U., the ability to rise to the task is within us, with mercy from God. This principle in life has motivated Marieta to work harder towards the progress of her business and her family's living situation. She is only a high school graduate but she has the strong faith and determination to become successful through her patience in doing her business. She is married to Mario U. and they are blessed with two children. They do their best to finance the schooling of their children.
Maritea is venturing into a fish selling business, however, her capital is yet inadequate. This has meant that, so far, the business has not grown. This issue motivated her to request a loan of PHP7,000 from ASKI and Kiva lenders, as additional business capital. She will utilize this amount, if it is granted, to buy a larger volume of fish to sell in her village. She would be thankful for this financial assistance because it would help her very much to improve her fish vending business.

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
  • 1598
    View loans »
    Philippines Loans Fundraising
  • $60,711,600
    Funds lent in using Kiva
  • 48.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Marieta to buy more fish to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Aug 7, 2009
Sep 5, 2009
Currency Exchange Loss:
Feb 15, 2010