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Mary Ann
Mary Ann is working hard to meet the needs of her family. She is 33 years old and married, having only one child. Her husband is her helper in improving their corn fields to be more productive. Mary Ann has been managing her corn field for almost 18 years. From the long period of time she has spent working in her corn field, she noticed that the price of farm supplies is increasing, so her funds are no longer enough to purchase farm supplies. Mary Ann decided to join the program of a lending institution where she could borrow additional capital to provide the supplies for her corn field.

Mary Ann is requesting a loan of P27,000 to be used in buying farm supplies such as fertilizer, pesticides, certified seeds and for labor costs for planting and plowing the corn field. She is hoping that her request loan will be granted to make her corn field more productive and profitable.

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
  • 977
    View loans »
    Philippines Loans Fundraising
  • $54,509,700
    Funds lent in using Kiva
  • 42.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Mary Ann to buy farm supplies such as fertilizer, certified seeds, pesticides and pay labor costs for planting and plowing the corn field.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 27, 2011
Listed
Nov 8, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 22, 2012