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Cherry-Ann
Chery-ann's family lives comfortably at the barrio though they are less fortunate. At her young age of 21 she had already been blessed with two children. She only finished high school so Cherry-ann has not able to seek for employment. Cherry-ann helps her husband manage a farming business in the barrio. They had been doing this for almost three years to make a living and earns about P12,000 every harvest season. The harvest season falls during the month of April and November.

Cherry-ann is now asking for a loan of P30,000 to buy seeds, fertilizers and pesticides used in farming.

She hopes to produce plentiful harvest and achieve financial stability.

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

  • $7,000
    Average annual income
  • 1507
    View loans »
    Philippines Loans Fundraising
  • $59,164,100
    Funds lent in using Kiva
  • 43.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Cherry-Ann to buy seeds, 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