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Bibiana
Bibiana is a rice grower and has kept improving their farming business for almost 20 years now. With her spouse, she plants and harvests rice to sell to traders. She has four children. Two of her children have already finished a degree, through the parents' efforts in generating income from the rice field to be able to pay for matriculation fees.

Bibiana is now asking for a loan of PHP50,000 to buy fertilizers and insecticides used in farming. She hopes to improve her crop production and gain more profits because the rest of her children are still attending to school. All she wants is to give the best education to her children.

With healthy, good crops to grow, she will achieve abundant harvests and fully attain success in the farming business.

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
  • 1250
    View loans »
    Philippines Loans Fundraising
  • $57,800,425
    Funds lent in using Kiva
  • 41.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Bibiana to buy fertilizers and insecticides used in farming.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 17, 2012
Listed
Aug 7, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013