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Due to financial difficulty, Julieta helps her husband manage their corn farming business to ensure a high production. She is now 54 years old and has four adult-age children. Through their patience and hard work, they educated their children and most of them are now married and have their own family. Despite this, Julieta aims to continue managing their business to earn and save for their basic necessities and for future emergencies.

To work out her plan, Julieta is asking for additional capital of PHP 15,000 to buy corn seeds, fertilizers and pesticides needed for her corn farming business. Despite the hardship in farming, they believe that they can increase their yields through their patience and hard work.

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
  • 1809
    View loans »
    Philippines Loans Fundraising
  • $60,866,650
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Julieta to buy corn seeds, fertilizers and pesticides.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Nov 24, 2011
Jan 1, 2012
Currency Exchange Loss:
May 21, 2012