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Marina
Marina is 33 years old, married and is blessed with three children. She sells frozen foods in her village to help her husband make money. She walks house to house in her village to sell her products.


Marina would like to buy more stocks of frozen foods to sell, but she doesn’t have enough money to do so. For this reason she is applying for a 15,000 PHP loan though ASKI to buy more hot dogs, tocino (a type of bacon), ham and longaniza (pork sausages) to sell.


Being an industrious mother, Marina believes that she can improve her business through this loan.

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
  • 1213
    View loans »
    Philippines Loans Fundraising
  • $54,909,650
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Marina to buy more frozen foods to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 24, 2013
Listed
Apr 28, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2013