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Luzviminda
Luzviminda is a hardworking mother who helps her husband manage their rice farming business to increase their yields and income to satisfy their needs and finance the education of their three children. Despite the hardship of living they have the determination to improve their status of living and give their children a bright future. They have been farmers for almost 18 years and usually earn an income of P23,000 in every cropping season.

They aim to expand their rice plantation to increase production. Luzviminda is asking for a loan of P28,000 to buy fertilizers and pesticides needed in their rice farming business. They believe that their patience and hard work will enable them to make an improvement in their farming business, and they hope that they will have a fruitful harvest so that they will continuously support their children's education.

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
  • 298
    View loans »
    Philippines Loans Fundraising
  • $52,099,125
    Funds lent in using Kiva
  • 43.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Luzviminda to buy fertilizers and pesticides needed in her rice farming business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 4, 2012
Listed
Jun 1, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2012