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Marites
Marites is married and has two children, one of whom attends school. Marites' husband is in the Philippine Army; they spend time together when his superior grants him vacation time.

Marites manages their rice farming business. As an extra source of income, she is an AVON dealer. She sells cosmetics and fragrances such as perfume, lotion, lipstick, and face powder in their village.

Marites is requesting a loan for 20,000 PHP to purchase shampoo, roll-ons, and conditioner to sell in their village. She will use the loan to expand the products she offers to her costumers.

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
  • 1407
    View loans »
    Philippines Loans Fundraising
  • $59,122,500
    Funds lent in using Kiva
  • 42.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Marites to purchase shampoo, roll-ons, and conditioner.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 22, 2011
Listed
Aug 22, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012