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Marifel
Marifel is from the village of Centro 1 in the town of Angadanan. Marifel is 28 years old and married with two children. To earn a living, Marifel is engaged in a sari-sari store. She has been in this business for five years and earns about a minimum of PHP 300 a day. Right now, Marifel is requesting a loan of PHP 25,000 to buy canned goods, noodles, biscuits, assorted bread and condiments to sell. Marifel hopes that she can obtain her requested amount to improve her business and receive a higher 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

  • $1175
    Average annual income
  • 359
    View loans »
    Philippines Loans Fundraising
  • $50,755,825
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Marifel to buy canned goods, noodles, biscuits, assorted breads and condiments to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 14, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 22, 2013