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Almira
Almira, from Solana, is happily married to Armando and they have three children. Rice farming is the family's viable source of income. They plant and harvest rice twice a year and generate about P15,000 each harvest season. Almira is sending her three children to school; that is why she aims to further improve their crop production.

She is now asking for additional capital of P30,000 to buy four bags of rice seeds, its fertilizers and to pay for land preparation. She also hires laborers to help them sow, plant and transplant rice seedlings.

Someday, Almira would like to achieve more productive harvests and keep earning good profits from the business. This will ensure good repayments on education expenses for her children.

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
  • 1435
    View loans »
    Philippines Loans Fundraising
  • $59,145,900
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Almira to buy four bags of rice seeds, its fertilizers and to pay for land preparation.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 12, 2012
Listed
Nov 2, 2012
Currency Exchange Loss:
Possible
Ended:
May 24, 2013