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“If others can, why can’t I?” This is what Maribel says about her business. With her patience and hard work, she was able to sustain her business. At the moment, she would like to request again for another loan amounting to PHP 7,000 from Kiva lenders. She believes that having enough capital will enable her to further improve her general store business and to maintain its stability.

Maribel lives in Barangay Binarzang in Quirino, Isabela together with her family. She is married to Chito and he works as an Overseas Filipino Worker. They are blessed with only one son, named John Michael. Maribel hopes that by the time her child enters school they will already have saved for his education through college level. As parents, they always wanted to give the best for their son.

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
  • 361
    View loans »
    Philippines Loans Fundraising
  • $66,132,425
    Funds lent in using Kiva
  • 48.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Maribel business Capital.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
May 26, 2009
Jun 25, 2009
Currency Exchange Loss:
Dec 15, 2009