Funded

Total loan: $575
Powered by 19 lenders

A loan of $575 helped to purchase additional products to sell.


Marina's story

Marina D. is from the village of Barangay Osmeña, Solano, Nueva Vizcaya. She is 41 years old, married and has 3 school-aged children. To make a living, Marina owns and operates a general store, selling both food and daily use products to the local community. Marina has been engaged in her business for over 5 years and earns approximately 7,500 PHP a month from these activities.

In 2011, Marina joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. Marina is requesting a new loan of 25,000 PHP which will be used to purchase additional products to sell.

This loan will be the first loan taken out by Marina 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 29 branches covering the Central and Northeastern areas. Its clients are mostly farmers, fisherfolk 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

Loan length:

8 months
Disbursed date: January 17, 2011
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: January 17, 2011
Facilitated by Field Partner: Alalay sa Kaunlaran, Inc. (ASKI)