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Marilyn
Marilyn lives peacefully, at Linao East, with her spouse and two children. Her spouse is a tricycle driver, and he provides transport services daily. Marilyn sells fish to the people in her village. From their businesses, the couple earns about PHP15,000 monthly. The income goes for their meals, bills at home and school fees for their children.

Marilyn hopes to increase sales, but she has insufficient funds of her own now. That is why she is asking for a loan of PHP25,000 -- to buy more milkfish, shrimp, crabs and mudfish to resell. Someday, with good income, she will be able to educate her children well.

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
  • 1435
    View loans »
    Philippines Loans Fundraising
  • $59,148,800
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Marilyn to buy more milkfish, shrimp, crabs and mudfish to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2013
Listed
Jan 30, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2013