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Marissa
Marissa is 39 years old and the mother of three children. Her husband Ruben is a jeepney driver (a jeepney is a four-wheel type of jeep). Their children are Joan, who is 17 years old and a second-year college student; Lea, who is 14 years old and a third-year high school; and Angelica, who is 6 years old and in grade one. They are currently living in a harmonious relationship in baranggay San Juan, in Alicia, Isabela.


Marissa's husband operates their jeepney from their village to the town proper. Sometimes their jeepney is used as a service, especially during harvest season--it brings their harvest from their farm to their house. Some farmers also rent their jeep during harvest season.


In addition to operating their jeepney, Marissa wants to start a small village store for additional income. She is requesting a loan of PHP 5,000.00 to pursue her plan. This is also her way of assisting her husband to meet the growing needs of their family. She is glad that they also have their farm as a source of income twice a year.

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
  • 351
    View loans »
    Philippines Loans Fundraising
  • $50,877,675
    Funds lent in using Kiva
  • 48.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Marissa to open a village store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 23, 2009
Listed
Mar 25, 2009
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2009