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Marivic
Marivic is 33 years old and married with two children. Together with her spouse, she works to generate income to sustain her family. Marivic's husband offers a motorcycle transport service, and she sells fruits and vegetables to the people in her village. Together, they earn about 8,000 PHP each month.

Marivic is requesting a 9,000 PHP loan to buy cabbage, squash, bananas, and mangoes to sell. She hopes to keep providing friendly service and affordable prices to her customers so that she will earn good profits from her business.

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
  • 1538
    View loans »
    Philippines Loans Fundraising
  • $56,698,350
    Funds lent in using Kiva
  • 42.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Marivic to buy cabbage, squash, bananas, and mangoes to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 9, 2012
Listed
Apr 2, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012