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Marilyn
Marilyn is married to Gerardo, a tricycle (local 3-wheeled vehicle) driver. They have two lovely daughters: Mary Ann, 11 years old and Marielle, 8 years old; both are in elementary school. The family lives in Nuesa Roxas, Isabela. They own a passenger tricycle, which Gerardo is using to earn an income.



To help her husband support the family, Marilyn started a village store business which serves as their source of added income wherein she earns a gross income of PHP 700 a day that they utilize as rolling store capital and for their basic needs at home. She wants to further develop her enterprise, thus, she is asking for a loan of PHP 5,000 that will assist her for the progress of her store. She will then purchase basic commodities that she can offer to her customers.



Marilyn is determined to sacrifice everything for her family and to send her children to school because she wants them to finish their studies and have a better life. She says these things will be possible if you always put God in everything you do.

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
  • 1261
    View loans »
    Philippines Loans Fundraising
  • $57,895,900
    Funds lent in using Kiva
  • 48.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Marilyn business improvement.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 6, 2009
Listed
Mar 2, 2009
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009