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Lily
Lily's goal in life is to uplift her family's standard of living. She is not tired of helping her husband to maintain and develop their source of income, which is farming. Lily is married and has two children who are in school.

With the high cost of farm inputs now in the market, Lily can’t afford to buy all materials needed for the large crop of rice in their field. Lily wants to borrow PHP 50,000 to buy rice seeds to grow on their two hectares of farmland and fertilizers to apply to the site. She hopes to get productive crops in their rice field.

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
  • 493
    View loans »
    Philippines Loans Fundraising
  • $51,053,400
    Funds lent in using Kiva
  • 42.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Lily to buy rice seeds and fertilizer for their two hectares of farmland.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 23, 2012
Listed
May 2, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2012