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Marion
Marion is an industrious man who has a flower shop business in their Public Market. As his father left them, he dedicates himself more into their business to maintain its prosperity.

As a matter of fact, he is requesting additional capital in the amount of PHP 20,000 to buy more varieties of flowers. He dreams of making their business a viable source of income as he promised to his father, so he is doing his best to increase their sales every day. He doesn't want to worry about anything in his business as well as in their living.

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
  • 945
    View loans »
    Philippines Loans Fundraising
  • $53,488,575
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Marion to buy more varieties of flowers.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 8, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
May 24, 2013