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Marlon
Marlon is guided him by his favorite quotation, "some people dream of success…while others wake up and work hard at it." That’s how Marlon is living now to succeed in his dream. Marlon dreams to have a stable source of income to give quality living for his family.
Marlon is 39 years old, married, and blessed with five children. His wife is a housekeeper and vends vegetables. Marlon manages his two hectares rice field. His earnings from the business was used to pay for his obligation to the private traders whom he got financial support for farming.
Marlon doesn’t want to get financial support anymore from the private traders because the interest is costly. He desires to borrow P40,000 to buy farm inputs like seeds and fertilizers. The loan will make a big contribution for him to stop getting financial support from the traders. He will do his best to achieve his dream.

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
  • 343
    View loans »
    Philippines Loans Fundraising
  • $52,188,500
    Funds lent in using Kiva
  • 43.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Marlon to buy farm inputs like seeds and fertilizers.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 26, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
Possible
Ended:
May 25, 2012