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Fely
Fely is from the village of Calaocan. She is 44 years old, married and has two children. Fely owns and operates a farm, primarily planting and harvesting corn for sale. Fely has been engaged in her business for over 20 years and earned approximately 40,000 PHP for the last cropping. Fely is requesting a loan of 45,000 PHP to purchase seeds, pesticides and fertilizer. She plans to use the additional revenue generated from the business to support her family financially.

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
  • 1540
    View loans »
    Philippines Loans Fundraising
  • $56,698,350
    Funds lent in using Kiva
  • 43.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Fely to purchase seeds, pesticides and fertilizer.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 23, 2012
Listed
Jun 4, 2012
Currency Exchange Loss:
Possible
Ended:
May 4, 2013