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Marites
Marites has been engaged in the direct selling business for four years. She is now generating a monthly net income of PHP 4,000. She is glad that through patience she was able to improve her small enterprise. She would like to borrow at least PHP 15,000 in order to purchase perfume, lotion and deodorant. With this amount, she can sell more products. This will allow her to hopefully save some of her income for the education of their children and to have their dream house someday.

Marites is 39 years-old. She is married to Arnold and they had been blessed with three children. Her family is happily residing in Barangay Sto. Tomas, Alicia.

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
  • 1284
    View loans »
    Philippines Loans Fundraising
  • $57,910,775
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Marites to purchase perfume, lotion and deodorant.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 15, 2013
Listed
Mar 21, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 19, 2013