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Marciana
Marciana is a 54-year-old mother who loves to sell frozen foods in her village. This is her way of gaining income for her daily living while her husband cultivates their farmland. They live in a village with their four children. Through their patience and sacrifices, they have survived poverty and educated their children.

Marciana aims to continue to improve the business so she can earn and save more income for her family's future. She is asking for additional capital of 25,000 PHP to buy "langgonisa and toccino" to sell. She believes that this loan will help her to improve the business and is hoping that she will be successful in the 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
  • 956
    View loans »
    Philippines Loans Fundraising
  • $54,434,500
    Funds lent in using Kiva
  • 42.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Marciana to buy "langgonisa and toccino" to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 5, 2012
Listed
Aug 4, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2013