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Marilou
Marilou is already 37 years old. She is married to Victor who works as a soldier. They have three loving children, namely, Mark Anthony, 18 years of age, college level; then Karen Joy, 15 years of age, a fourth year high school student; and Kevin Mark, 9 years of age, a grade 3 student. The family is presently residing at Alinam, Cauayan City, Isabela. Their house is located near Alinam Elementary School.



Marilou has been engaged in retail vending for almost two years; her weekly net income is Php 1,000. She desires to a apply for the loan amount of Php17,000 for additional working capital and for business expansion.She wants to buy additional commodities for her store to acquire more customers. She hopes that KIVA lenders will grant her loan request.

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
  • 1308
    View loans »
    Philippines Loans Fundraising
  • $57,946,175
    Funds lent in using Kiva
  • 47.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Marilou additional capital for her retail store.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 9, 2009
Listed
Oct 24, 2009
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2010