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Marissa
Marissa is in the transportation business, particularly jeepney. She is indeed thankful because her husband is supportive of her running her transportation and other businesses. Marissa's husband is a driver and a farmer within her area. The couple also raises hogs as an additional source of income.

Marissa would like to change the wheels and buy gasoline for her jeepney to ensure the safety of her passengers. But due to insufficient capital, she is seeking a loan of PHP 10,000. She knows that this amount will enable her to obtain better income and secure her passengers. Marissa hopes and prays that she can obtain her loan to be able to secure her family's future, educate her three children and improve her living conditions.

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
  • 986
    View loans »
    Philippines Loans Fundraising
  • $54,491,625
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Marissa to buy new wheels and gasoline for her jeepney bus.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2013
Listed
Apr 17, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 23, 2013