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Carmelita lives at Lanna with her spouse and three children. They are both involved in farming business, in which they grow rice and harvest it from a hectare plot of land that they cultivate. Carmelita hopes to increase her crop production to give sustenance to her children's education.

For this, she is now borrowing PHP 35,000 to buy rice seeds, fertilizers, and pesticides for sustenance. She hopes to produce an abundant harvest so she can also pay for school fees.

In the future, with good funds from the business, she will give a better way of life to her family.

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
  • 689
    View loans »
    Philippines Loans Fundraising
  • $63,141,900
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Carmelita to buy rice seeds, fertilizers, and pesticides for sustenance.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Oct 25, 2012
Nov 9, 2012
Currency Exchange Loss:
May 24, 2013