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Marilyn
At 64, Marilyn is active in managing her small business selling commercial feed in her village. She is married to Orlando, a farmer, and they have four children. They live a simple life in the mountainous village of Cabisea 27 Hacienda San Antonio.

Marilyn is requesting a loan amount of 12,000 PHP, which she intends to invest in her business. She is also planning to put up a small village store if she still has extra capital. However, her main priority at the moment is to utilize the loan to buy sacks of feed for her business and rice mill. She hopes to improve her business and to sustain their resources for the benefit of her children. She also hopes to continue to support her children's studies. She said that, in order to achieve this, they need to work harder.

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
  • 1069
    View loans »
    Philippines Loans Fundraising
  • $57,777,750
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Marilyn to buy sacks of feed for her business and rice mill.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 22, 2012
Listed
Nov 12, 2012
Currency Exchange Loss:
Possible
Ended:
May 24, 2013