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Marites
Marites is 39 years old, married and blessed with two children. For the past 20 years of running her business, she has sustained her family’s living. In the field of business she chose, she feels little bit difficult because her business environment is full of competitors but despite that, she still hoping for a better profit every day. Until then she needs to be extra hard-working and patient in selling vegetables to gain higher income.


She is requesting a loan of 10,000 pesos to buy additional vegetables to sell such as root crops, string beans, bitter melon and green leafy vegetables. These products are in demand and usually requested by her customers so she wants to purchase more. She just hopes that through these goods, she will be able to expand her business for the security of their living and their future.

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
  • 977
    View loans »
    Philippines Loans Fundraising
  • $54,509,700
    Funds lent in using Kiva
  • 42.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Marites to buy additional vegetables to sell such as root crops, string beans, bitter melon and green leafy vegetables.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2012
Listed
Feb 12, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 22, 2012