A loan of $125 helped to invest in expanding the business.

Marilyn's story

Marilyn M. is from the town of Balibago 1st, Tarlac. She is 47 years old. Marilyn is married and has five school-aged children. To make a living, Marilyn owns & operates a business providing motorcycle transport in the local community. Marilyn has been engaged in her business for over four years and earns approximately 6,000 PHP a month for these activities.

In 2010, Marilyn joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Marilyn is requesting a new loan of 5,000 PHP, which will be used to invest in expanding the business. This loan will be the first loan taken out by Marilyn from ASKI. She plans to use the additional revenue generated from the business to improve the general living conditions of her family.

About ASKI:

ASKI is one of the most successful microfinance institutions in the Philippines. It has 25 branches covering the Central and Northeastern areas. Its clients are mostly farmers, fisherfolks 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.

Loan details

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Loan details