Check out some available loans that are similar to this one!
Carmelita
The primary source of income for the village where Carmelita and her family resides is through rice farming. She has been involved in this business for 10 years. She helps her husband manage the rice field.

Carmelita hopes to improve their farming practices, which is why she is asking for a loan of P30,000 as an additional capital in buying fertilizers and pesticides for her rice seedlings. She is hoping that through the help of this loan shew will increase crop production to increase her profits.

Carmelita aims to continuously provide a good education for her three children. Two of them attend college and one is in high school. She hopes that someday they will live progressively.

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
  • 1523
    View loans »
    Philippines Loans Fundraising
  • $56,611,950
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Carmelita to buy fertilizers and pesticides used in farming.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 11, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 22, 2012