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Adelaida
Adelaida is now 57 years old and married. She is engaged in farming to create income for her family. In farming, she earned an average net income of PHP 40,000 in the previous cropping season. In the future, Adelaida hopes to earn consistent profits from farming to make her family more economically stable.

She is asking for a loan of PHP 20,000 to buy farm inputs such fertilizers and to pay for labor fees for the people she hired to till, sow, pull and transplant her rice crop in the field. She has been doing this type of work for 25 years already.

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

  • $1175
    Average annual income
  • 1283
    View loans »
    Philippines Loans Fundraising
  • $56,442,200
    Funds lent in using Kiva
  • 42.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Adelaida to buy farm inputs such fertilizer and to pay for labor fees.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 28, 2011
Listed
Jul 26, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 16, 2012