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Jonabelle
Jonabelle is a hard working mother who aims to improve her family's standard of living and to educate all of her children. She is 36 years old and has five school-aged children. She raised her family in a rural community and the family is engaged in planting corn, vegetables and also raising livestock to generate income. She mentioned that sometimes they experienced financial difficulty due to calamities and the high cost of commodities. But being a resourceful parent, she was able to support her family.

She planned to cultivate a 1.5 hectares of farm land for corn plantation to increase the corn's yields, but because of financial constraints she is requesting additional capital of P25,000 to buy fertilizers, insecticides and pay for the labor cost required to plant corn. She believes that when she works hard and give her best her family will have a fruitful harvest.

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
  • 351
    View loans »
    Philippines Loans Fundraising
  • $50,930,575
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Jonabelle to buy fertilizers, insecticides and pay for the labor cost required to plant corn.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 11, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
Possible
Ended:
May 21, 2012