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Marianeth
Marianeth is 32 years old. She is the operator of a motorcycle and has been in this occupation for three years, working hard just to provide financial services for her family. She is blessed with three children; two of them are students. She needs to work every day to meet their needs, especially for school. Even though she works every day, she still experiences shortages due to low income. Sometimes she can't work because of problems with the motorcycle. She requested a loan of 5,000 Philippine pesos to buy paint for motorcycle maintenance and also to pay for repairs. She wants to earn a higher income to improve their unprivileged lifestyle.

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
  • 236
    View loans »
    Philippines Loans Fundraising
  • $52,051,625
    Funds lent in using Kiva
  • 43.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Marianeth to buy paint for maintenance and also pay for repairs to her motorcycle.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 26, 2011
Listed
Oct 2, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 16, 2012