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Marilyn is aiming to earn a better income and improve her way of living. She is engaged in a retail store business and at the same time she offers street foods in her locality. According to her, she has managed her retail store for six months.

She is 40 years old, married and blessed with six children. Four of her children attend school while another one is a farmer and her youngest child is still infant-aged.

Marilyn would like to take out a loan of PHP 8,000 which will be used to buy stocks of groceries and to invest in a clothing business. She hopes that with this loan she can expand her retail store and someday improve her financial stability.

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
  • 347
    View loans »
    Philippines Loans Fundraising
  • $70,667,525
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Marilyn to buy stocks of groceries and invest in a clothing business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Oct 23, 2013
Nov 13, 2013
Currency Exchange Loss:
Mar 17, 2014