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Marilyn
Marilyn is a mother who aims to become financially stable so that she can satisfy her family's needs and educate all her children. She is 39 years old and has four school-age children. To generate income, she engages herself in the hog raising business, while her husband works as a carpenter in their community.

Due to financial difficulty, she and her husband aim to improve their sources of income so that they will be able to continue sending their children to school and give them a bright future.

Marilyn plans to continue and improve her hog raising business to increase her income. She is asking for a loan of 42,000 PHP to buy feed, vitamins, and vaccines for her hogs. She believes that this loan will enable her to make an improvement in the business and hopes that she will make it a viable and profitable source of income 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
  • 1291
    View loans »
    Philippines Loans Fundraising
  • $56,286,225
    Funds lent in using Kiva
  • 41.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Marilyn to buy feed, vitamins, and vaccines needed for her hog raising.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 24, 2012
Listed
Nov 3, 2012
Currency Exchange Loss:
Possible
Ended:
May 24, 2013