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Marilou is a 41-year-old mother who runs a small variety store in order to supplement her husband's income. She aims to make the business profitable in order to continue sending her three children to school. She planned to acquire different household commodities to sell, but she does not have enough capital.

For this reason, she is asking for an additional PHP 7,000 to buy more stocks of snack foods, beverages, seasonings, canned goods, noodles, rice and soft drinks to sell. Despite problems and difficulties in life, she has a strong determination to improve her business.

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
  • 1602
    View loans »
    Philippines Loans Fundraising
  • $60,713,650
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Marilou to buy additional stocks of snack foods, beverages, seasonings, canned goods, noodles, rice and soft drinks to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Mar 5, 2013
Mar 22, 2013
Currency Exchange Loss:
Sep 19, 2013