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Marilyn
Marilyn is 44 years old, from the village of Bagong Silang, in the province of Isabela, and is married to Nestor. She lives in her own home with her life partner and three grown children. She has a wood lamination business that she attends to every day with dedication with the help of her children. Marilyn's business is located in a very rural area, where she is surrounded by many farms. In addition to this business, she has her own corn farm. Marilyn is an exemplary woman who never get tired of working and earning for a living. She has decided to request a loan of 13,000 PHP so the business will become stronger. She needs the loan to invest in the purchase of wood, glue and other needs for wood lamination. In this way, she hopes to improve her sales, her quality of life and that of her family.

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
  • 468
    View loans »
    Philippines Loans Fundraising
  • $53,351,450
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Marilyn to buy wood and materials for her wood lamination business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
May 24, 2013