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Total loan: $150


Flag of Philippines
Natappian West, Solana, Cagayan, Cagayan Valley, Philippines / Retail

Marcelina's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped to purchase additional products to sell.

Marcelina's story

Marcelina M. is from the village of Natappian West, Solana, Cagayan. She is 55 years old, married and has 5 adult children. Marcelina owns & operates a specialized retail store where she sells daily-use products such as shampoo, soap & toothpaste. She has been engaged in her business for over 3 years and earns approximately 3,000 PHP a month. In 2008, Marcelina joined ASKI to gain access to financial services to help improve her living situation and her ability to engage in business activities. She successfully repaid a previous loan of 8,000 PHP from ASKI. Marcelina is requesting a new loan of 6,000 PHP which will be used to purchase additional products to sell. This will be the 3rd loan taken out by Marcelina from ASKI. She plans to use the additional revenue generated to improve and expand her business. About ASKI: ASKI is one of the most successful microfinance institutions in the Philippines. It has 29 branches covering the Central and Northeastern areas. Its clients are mostly farmers, fishermen and small entrepreneurs. *Note: To maximize efficiency and reduce costs, this loan was posted using a template to automate the translation by Kiva. Given that manual translation of entrepreneur profiles is costly, Kiva created this template for our Field Partner to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.