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Marvelyn helps her husband in their hollow block and baluster (pre-cast) making business. Aside from this, they also maintain a fish pond that supports the immediate needs of their family. She would like to sustain their small businesses and with this in mind, she would like to borrow a loan from the lenders of PHP5,000. She hopes that through her business, they can have a progressively better life in the future. She and her husband will do their best to succeed in business and provide a better life for their family.

Marvelyn is 49 years old and married to Gualberto. The couple was blessed with two children: Neil Alvin - 23 years old, college graduate; and Allen Pearl Kris - 11 years old, elementary student. She wishes to see her children live a successful life someday and have a better way of life.

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
  • 450
    View loans »
    Philippines Loans Fundraising
  • $69,718,725
    Funds lent in using Kiva
  • 48.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Marvelyn business capital.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Mar 10, 2009
Apr 3, 2009
Currency Exchange Loss:
Sep 15, 2009