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Narcisa
Narcisa is a 58-year-old widow with three adult children. She lives in the village of Marannao, province of Isabela, where the major source of income of the community is raising crops. Narcisa is a very diligent and loving person. For every crop she earns P 20,000 after almost 30 years in business.

Narcisa is requesting a loan of P 18,000 to buy sacks of corn seeds, fertilizer, and to pay labor fees for her farm business. Aside from farming, she is also engaged in selling bananas in the community for additional income.

Narcisa hopes that some day she can provide for all the needs of her family.

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
  • 1122
    View loans »
    Philippines Loans Fundraising
  • $54,612,075
    Funds lent in using Kiva
  • 43.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Narcisa to buy corn seeds, fertilizer and pay labor fees for her farm.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 23, 2011
Listed
Jan 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 22, 2012