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Marialyn
Being single at the age of 46 did not hinder Marialyn to improve her way of living. She has been engaged in the selling of meat in the local market for the past 10 years. She usually generates a net income of PHP1,500 a day in this activity.

Wanting to improve her business and save for her future, Marialyn is requesting a loan amount of PHP50,000. She intends to utilize the amount for purchasing more chicken, meat, and pork to sell. With that she is positive that her income will increase. She is praying that her loan request will be approved.

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
  • 447
    View loans »
    Philippines Loans Fundraising
  • $50,987,450
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Marialyn to buy more chicken meat and pork to sell in the market.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 9, 2013
Listed
May 21, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2013