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Marissa
Marissa D., 46. is married to Arsenio D. and blessed with six children. Three are already married and three are single. They reside together at the village of Calaocan, Cabatuan, Isabela. Their house is situated near the Baranggay Health Center.


Marissa is engaged in hog-raising for almost 20 years. Every time she disposes of one hog she earns a net income of 5000 PHP. She works hard to increase her income and to strengthen her business.


Marissa decided to request a loan of 11,000 PHP from Kiva lenders to purchase hog feed and some hogs to raise. She wants to expand her pig pens to earn more income for the schooling 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

  • $1175
    Average annual income
  • 284
    View loans »
    Philippines Loans Fundraising
  • $52,723,450
    Funds lent in using Kiva
  • 46.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Marissa to buy hog feed and some hogs to raise.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 28, 2009
Listed
Nov 21, 2009
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2010