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Marlyn
Marilyn's priority is preparing for her children's education so they can become professionals someday. She is 46 years old and married to a farmer. They are blessed with three school-age children.

Marilyn says that education, rather than wealth, is the best treasure they can give to their children. She strives with her husband so they can send their children to school to finish their studies. In fact, Marilyn also does farm activities just to lessen the farming labor costs.

Marilyn is asking for a loan of 25,000 PHP to buy seeds, fertilizers, insecticides and herbicides needed in rice farming. She hopes to succeed in this type of business and be able to make her priority become reality.

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
  • 1459
    View loans »
    Philippines Loans Fundraising
  • $59,251,750
    Funds lent in using Kiva
  • 42.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Marlyn to buy seeds, fertilizers, insecticides and herbicides needed in rice farming.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Aug 3, 2011
Listed
Aug 29, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2011