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Nenita
Nenita is 54 years old and is blessed to have two children. She lives with her family in a village.



To generate income, she grows vegetables. She explains that she typically earns approximately 25 PHP per day from her farming activities. She aims to earn more income so that she can better meet her family's everyday needs and save for her children's future.



At this time, she would like to plant more vegetables in order to increase her production, but she lacks the capital to do so. So, she is seeking a loan in the amount of 15,000 PHP to buy seeds and fertilizers. She believes that the loan proceeds will enable her to increase her crop yields. And harvesting a large volume of vegetables will then allow her to generate additional income to support 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

  • $7,000
    Average annual income
  • 1507
    View loans »
    Philippines Loans Fundraising
  • $59,194,375
    Funds lent in using Kiva
  • 43.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Nenita to expand her farming operations by purchasing seeds and fertilizers.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2011
Listed
Feb 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 22, 2012