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Mary Jean
According to Mary Jean, " patience and hard work" are the only weapons to fight poverty. She is now 39 and a mother of two. They live harmoniously in a village, planting and harvesting rice and vegetables for sale. They work hard and endure hardships to earn income and provide their family needs. They aim to increase their crop yields and income to be able to finance the tuition fees and allowances of their children who are now at college level.

Due to inadequate capital, Mary Jean is asking for a loan of P15,000 to buy fertilizers and pesticides to sustain their rice production. She is hoping that this loan will help them to increase their crop yields. She believes that someday, their business will grow and become fruitful as long as they continue to work and strive.

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
  • 389
    View loans »
    Philippines Loans Fundraising
  • $50,987,450
    Funds lent in using Kiva
  • 42.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Mary Jean to buy fertilizers and pesticides to sustain rice production.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Aug 23, 2011
Listed
Sep 5, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 16, 2012