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Mary Russel
Due to financial difficulty, Mary Russel buys and sells vegetables to help her husband by gaining income. She is 23-years-old and has one child. They live happily in a rural community and make their living through farming and her vegetable selling business.

Together with her husband, she works hard and patiently endures life's difficulties in improving their source of living in order to satisfy their necessities. Due to financial constraints, Mary Russel is asking for a loan of PHP 10,000 in order to buy various vegetables such as eggplant, bitter melon, okra, tomatoes, taro, pechay, beans and cabbages to sell. She is hoping that her loan request will be granted so she can go on reaching for her business endeavor.

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
  • 262
    View loans »
    Philippines Loans Fundraising
  • $53,177,800
    Funds lent in using Kiva
  • 43.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Mary Russel to buy eggplant, bitter melon, okra, tomatoes, taro, pechay, beans and cabbages to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 5, 2013
Listed
Jul 28, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 23, 2014