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Marilou owns a store selling grocery items, fruits, and vegetables to her customers at Estefania. She is married and has two children. Marilou usually earns about 4,000 PHP monthly, which goes for meals, allowances, and other expenses for the family. Marilou would like to improve her sales, so she is now asking for a loan of 8,000 PHP to buy biscuits, eggs, sardines, noodles, and fruits to sell in her store.

In the future, Marilou would like to keep growing as an entrepreneur and save funds for her children's education; she hopes this will be the legacy she passes on to her children.

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

  • $7,000
    Average annual income
  • 1455
    View loans »
    Philippines Loans Fundraising
  • $59,291,725
    Funds lent in using Kiva
  • 42.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Marilou to buy biscuits, eggs, sardines, noodles, and fruits to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Apr 20, 2012
May 4, 2012
Currency Exchange Loss:
Nov 19, 2012