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Margie is a funny woman who is engaged in the retailing business. Margie is 46 years old, married, and has three children. Her husband is a driver for an agricultural company. Their income serves as their children's allowances for going to school; some of the children are in college and some at the elementary level of education. The children's finishing their college and becoming professionals someday is Margie’s greatest dream in her life.

Margie brings out the best in managing her business and always encourages more customers and increases her profits as well. Margie wants to borrow PHP 11,000 to buy grocery items to sell. She strongly believes that by borrowing the loan she will encourage more customers and increase her profits.

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
  • 1087
    View loans »
    Philippines Loans Fundraising
  • $63,502,950
    Funds lent in using Kiva
  • 44.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Margie to buy grocery items to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Apr 16, 2014
May 5, 2014
Currency Exchange Loss:
Oct 17, 2014