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Mervin
Mervin is a hardworking and calm person. He got a high school degree, but was not able to continue his education in college, because ever since he was very young he has had to work. He is married and has three children, to whom he contributes financially and morally.

He is now requesting a loan so that he can support his family. He needs to repair the vehicle that he works with, as this activity provides his only source of work. He's been in this line of work for more than seven years.

He states that the loan that he is requesting will also help him to achieve his greatest dream: to be able to have his own house in the future. This way he can improve his quality of life. He currently lives with his parents, who are a great support to him.

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
  • 487
    View loans »
    Philippines Loans Fundraising
  • $51,011,175
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Mervin to buy spare parts and materials needed for his business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 20, 2013
Listed
Mar 5, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 19, 2013