Check out other loans that are currently fundraising!
Marcelina is a 59-years-old, married woman with two children. She has been managing her mini grocery for over twenty years. She sells a variety of goods in her store such as beverages, soft drinks, and noodles. She would like to increase the variety and stock of her goods in order to attract more consumers. She is requesting additional capital amounting to PHP 20,000 to purchase sugar, coffee, canned goods, biscuits, ice cream, chips and sweets. This amount would be useful in developing her business profit. She hopes that her wish loan will be approved.

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
  • 1448
    View loans »
    Philippines Loans Fundraising
  • $59,289,200
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Marcelina purchase sugar, coffee, canned goods, biscuits, ice cream, chips and sweets.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jan 30, 2013
Feb 14, 2013
Currency Exchange Loss:
Sep 26, 2013