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Marieta
Marieta is 47 years old, married, and is blessed with three children. She is engaged in managing a vegetable production business in the village of Bolinao Aurora, Isabela, with her husband. They help each other in tilling their vegetable farm, planting their different vegetables and maintaining them all throughout the year until their vegetable plants are no longer productive. Then it’s their time to again till their farm to produce another batch of vegetables.

Marieta also sells their harvested products to buyers. She sometimes goes in the market but most of the time she retails in their village.

According to Marieta, their income from the business is very helpful in supporting the education of their children and in providing their basic necessities at home. But, since they want the business become more productive, Marieta is requesting PHP 10,000 from Kiva lenders to use as additional business capital.

Marieta has been in love with running the business for already ten years and she wants to spend the rest of her life improving their family source of income for the benefit of her 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

  • $7,000
    Average annual income
  • 1240
    View loans »
    Philippines Loans Fundraising
  • $57,812,500
    Funds lent in using Kiva
  • 47.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Marieta to use as additional business capital.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 25, 2009
Listed
Sep 25, 2009
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2010