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Eden
Eden is 58 years old and is married with one child. Eden and her husband are both farmers. They work hard to lift their child out of poverty. Eden and her husband would like to expand their rice plantation, but they do not have adequate capital. Therefore, Eden is asking for additional capital in the amount of 25,000 PHP to buy rice seed, fertilizers and insecticides, as well as pay labor costs required to plant rice. Eden believes that this loan will be an enormous help for them to increase their yield.

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
  • 219
    View loans »
    Philippines Loans Fundraising
  • $52,023,300
    Funds lent in using Kiva
  • 41.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Eden to buy rice seed, fertilizers and insecticides, as well as pay labor costs required to plant rice.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 24, 2012
Listed
Oct 11, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2012