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Marcelina
Marcelina is 60 years of age, married, and has six children. Four of her children are married, one is an Overseas Filipino Worker, and the youngest is a labourer in their village.

Marcelina is engaged in a direct selling business, particularly AVON and cosmetic sales. She has operated this business since 2000. With her patience and hard work, she is able to sustain the family's needs and supply all the farm supplies needed for her farming business. Marcelina's profits are used to cover their household expenses and to improve her rice-farming business.

Marcelina aims to increase the volume of cosmetic products she offers so that she can improve her financial stability. She is asking for financial support amounting to a loan of 12,000 PHP. She believes that this amount would be very useful for buying more stocks of cosmetic products and for the start-up of her variety store. She is hoping for approval of her requested loan amount.

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
  • 1403
    View loans »
    Philippines Loans Fundraising
  • $59,123,575
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Marcelina to buy cosmetic products such as lipstick, makeup kits, perfume, and hand and body lotions, some of which will be used for the start-up of her store.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 11, 2012
Listed
Nov 1, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 22, 2013