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Maricel
Maricel is 26 years old, married, and blessed with a child. Her spouse works as a local farmer and Maricel is involved in plastic sales. She sells kitchen wares such as kettles, frying pans, pails, and basins. She offers them door-to-door. Though it is tiresome to be engaged in this field of work, she still enjoys selling items in her neighborhood in order to generate some income instead of lazing at home. She has been engaed in this business for three years now.

Maricel's goal is to diversify her business. That is why she is asking for a loan of P5,000 to buy basins, hangers, kettles, and plates to sell. This will increase the volume of sales from her business.

In the future, she wants to make her family more economically stable.

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
  • 377
    View loans »
    Philippines Loans Fundraising
  • $50,745,300
    Funds lent in using Kiva
  • 43.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Maricel to buy basins, hangers, kettles, and plates to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 29, 2011
Listed
Oct 6, 2011
Currency Exchange Loss:
Possible
Ended:
May 25, 2012