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Marilyn
Marilyn is a 43-year-old, married woman. Marilyn and her husband, Armando, have two grownup children. She lives with her husband and their children.



To earn a living, Marilyn is involved in the farming industry. She has two years of experience in this field. Marilyn’s husband helps her run her farm. Their farming operations are the only source of income for their family, and she explains that they earn approximately 20,000 PHP of profit per crop yield.



She is now requesting a loan in the amount of 50,000 PHP to expand and improve her business. With the loan proceeds, she would like to purchase seeds and fertilizers, which she expects will help to increase her income.

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
  • 1404
    View loans »
    Philippines Loans Fundraising
  • $59,122,500
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Marilyn to expand and improve her business by purchasing seeds and fertilizer for her farming business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 29, 2012
Listed
Nov 12, 2012
Currency Exchange Loss:
Possible
Ended:
May 24, 2013