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Marilyn
Marilyn is a mother of three children. She is 32 years old and has been operating her business for ten years. She was not able to get a good job because she has little education. That is why she runs a fruit and vegetable business.

She needs to earn more money to provide a good education for her children. However, Marilyn has insufficient funds to purchase the produce that is now in heavy demand and very profitable. This led her to request a loan of PHP 35,000 to purchase dragon fruit, chico, cabbage and pechay. These additional items would help increase her sales so she can save for the good future of her three 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
  • 1445
    View loans »
    Philippines Loans Fundraising
  • $59,117,025
    Funds lent in using Kiva
  • 41.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Marilyn to purchase produce that is in heavy demand now, such as dragon fruit, chico, cabbage and pechay.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 3, 2012
Listed
Aug 15, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013