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Nely
To make a living, Nely has been engaged in corn production for ten years. She is also engaged in her sari-sari (general) store based in her home.

She is willing to work hard every single day to lift her family from poor living. Nely is still single. According to her, through the income generated from her business, she had been able to provide for her personal needs.

At this time, she is requesting a loan of PHP 35,000 to purchase seeds and fertilizer to sustain her corn production. She plans to use the additional revenue generated from the business to improve/expand her businesses.

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
  • 365
    View loans »
    Philippines Loans Fundraising
  • $50,851,300
    Funds lent in using Kiva
  • 43.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Nely to purchase seeds and fertilizer to sustain her corn production.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 16, 2012
Listed
Jun 4, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2012