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Marissa is 37 years old, married and has two school-aged children. She and her husband aim to improve their status of living in order to educate their children. Due to the high cost of commodities and school fees, Marissa engages in a hog-raising business to generate additional income. She aims to improve and strengthen this business, but she has inadequate capital. Marissa opted to request additional capital amounting to 20,000 PHP (Philippines pesos) to buy feed, vitamins and vaccines needed for hog-raising. She believes that this financial assistance will enable her to make an improvement in the 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
  • 696
    View loans »
    Philippines Loans Fundraising
  • $63,194,275
    Funds lent in using Kiva
  • 42.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Marissa to buy feed, vitamins and vaccines needed for hog raising.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
May 28, 2013
Jun 22, 2013
Currency Exchange Loss:
Oct 23, 2013