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Marilou is a hardworking mother of four who owns a sari-sari (general) store. She has run the store for a period of three years. She started this enterprise to earn a profit for the development of her family's standard of living. Since then, she has aimed for a good life so she built her store. But inadequate capital is the serious factor for the business. Now, Marilou is requesting a loan of PHP 6,000 to buy noodles, oil, salt, vinegar, and bread. In the future, Marilou hopes for an easy living.

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
  • 458
    View loans »
    Philippines Loans Fundraising
  • $69,741,450
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Marilou to buy noodles, oil, salt, vinegar and bread for her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Nov 22, 2012
Jan 1, 2013
Currency Exchange Loss:
Jun 22, 2013