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Marisel, 33 years of age, is married and blessed with two children. She has owned and managed a retail store in their village for almost 4 years. In this business she's earning a net income of about Php 300 daily. Due to a lack of capital she's requesting a loan amounting to Php 12,000 to purchase canned goods, breads, biscuits, cooking oil, sugar, coffee and beverages. She's hoping that her business will become more improved and profitable so that her income will increase.

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
  • 380
    View loans »
    Philippines Loans Fundraising
  • $70,798,900
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Marisel to purchase canned goods, breads, biscuits, cooking oil, sugar, coffee and beverages.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Jul 9, 2013
Jul 14, 2013
Currency Exchange Loss:
Jan 23, 2014