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Josephine
Josephine is an industrious mother who engages in farming in the village. Through the income generated from her business, she is able to help provide for her family's basic needs, but unable to support all the education of her five children. Consequently, she is requesting a loan of PHP 15,000 to buy additional seeds, fertilizer and insecticides. With this, she can now sustain the essential needs of her farm and she is hoping for a high harvest soon. She also hopes for her family's standard of living to improve and to be able to let her children finish their studies.

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
  • 1383
    View loans »
    Philippines Loans Fundraising
  • $56,526,750
    Funds lent in using Kiva
  • 42.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Josephine to buy additional seeds, fertilizer and insecticides.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 6, 2012
Listed
Jul 2, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012