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Marissa
Commitment and dedication have been Marissa's guiding principles in managing her variety store. She is a college graduate who is married with two children. Both of her children currently go to school.

Marissa aspires to improve her financial stability in order to educate her two children and to sustain and improve their way of life. Since her business is improving she is in need of additional capital amounting to 30,000 PHP. She will use this loan to buy items for her store, such as assorted biscuits, cooking oil, ingredients, soft drinks, and canned goods. She hopes that her business will continue to grow so that she can obtain her goals in life.

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
  • 836
    View loans »
    Philippines Loans Fundraising
  • $54,407,775
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Marissa to buy items for her store, such as assorted biscuits, cooking oil, ingredients, soft drinks, and canned goods.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 15, 2013
Listed
Feb 17, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 22, 2013