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Marilyn, 43 years old, is married and has three children, one in college and two in high school. Marilyn and her spouse generate about PHP 10,000 each harvest season (twice a year) from their farming business. They also raise hogs to fatten and breed as an additional source of income.

Marilyn needs to improve her businesses so she is asking for a loan of PHP 18,000 to buy urea (fertilizer) and three liters of insecticides and pesticides. In the future, Marilyn would like to achieve a plentiful harvest every season to pay matriculation fees and to save up for times of emergency.

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
  • 1598
    View loans »
    Philippines Loans Fundraising
  • $60,713,650
    Funds lent in using Kiva
  • 43.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Marilyn to buy urea (fertilizer) and three liters of insecticides and pesticides.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
May 18, 2012
Jun 4, 2012
Currency Exchange Loss:
Nov 19, 2012