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Margie
Margie is a 43 year old woman who is very enterprising and dedicated to her business. She lives in the village of Andabuen province of Isabela.

Margie’s business is a grocery store. She sells many basic staple items there like lard, sugar, beans, rice, oil, margarine, condiments and other products.

Margie needs the loan to buy coffee, sugar, flour, soft-drinks, lime powder, fruit, vegetables, dairy products, noodles, snacks and others. She hopes that with this loan she’ll have more sales.

One of Margie's dreams is that her daughter graduates; Her daughter will graduate as a teacher this year. She also would like to open another similar store to help her daughter improve her life.

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
  • 1100
    View loans »
    Philippines Loans Fundraising
  • $57,635,625
    Funds lent in using Kiva
  • 42.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Margie to purchase coffee, sugar, flour, soft drinks, lime powder and fruit for her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2012
Listed
May 6, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2012