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Retail store is the primary source of income of Marife. She has been in this business for almost two years. She is now 38 years old and happily married with three children.

As of now, Marife wants to re-stock her sari-sari store. With this concern, she's asking for a loan of PHP 5,000 to buy canned goods, beverages, noodles, biscuits, and condiments to sell.She's hoping that her business will continue to grow to earn more income.

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
  • 1829
    View loans »
    Philippines Loans Fundraising
  • $60,851,250
    Funds lent in using Kiva
  • 44.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Marife to purchase canned goods, beverages, noodles, biscuits, and condiments to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Dec 11, 2013
Dec 20, 2013
Currency Exchange Loss:
May 17, 2014