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Leonor
Leonor is a mother who is married to a farmer and they raise their family in a village. They are gifted with five children and they want them to each earn a degree so that they find good jobs someday. To generate income, they help each other in managing their farm lot by planting corn and vegetables to sell. They aim to increase their yields so they have the income to meet their daily needs and pay for their children's education. Leonor and her husband have plans to expand their planted corn to ensure high production, but they have not been able to do so because they cannot afford it. So, Leonor is requesting an additional P35,000 to buy corn seeds, fertilizers, and pesticides needed in corn farming. This loan will enable she and her husband to expand their planting. They are hoping to have a fruitful harvest.

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
  • 1244
    View loans »
    Philippines Loans Fundraising
  • $57,844,575
    Funds lent in using Kiva
  • 42.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Leonor to buy corn seeds, fertilizers and pesticides needed in corn farming.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 9, 2012
Listed
Jun 1, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2012