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Lorna
Lorna is 39 years old and chose to be single. She commits herself to caring for her beloved parents and to supporting her younger sisters. They live happily in a village, planting and harvesting rice and onions for sale. Since it is the major source of their income, she plans to expand their onion production to ensure a high yield.

Despite the hardships in farming, she has the strong determination to improve their onion farming business. She is requesting for a loan of P20,000 to buy onion seeds, fertilizers and pesticides needed for onion production. She mentioned that through this loan, she will work out her plan and hoping that she will be successful in the future.

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
  • 1032
    View loans »
    Philippines Loans Fundraising
  • $57,733,025
    Funds lent in using Kiva
  • 43.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Lorna to buy onion seeds, fertilizers and pesticides needed for onion production.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 7, 2011
Listed
Jan 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012