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Anabel
Anabel was involved in an early marriage and has a child now. She is married to a farmer named Gilbert. They live at Lanna. The couple are both farmers, planting and harvesting rice to sell to traders. They have been in the farming business for over five years. She wants to improve her crop yield, and that requires additional capital. On account of this, she is asking for 20,000 PHP to buy fertilizers and insecticides, and to pay for land cultivation for the farming business.

Someday, she hopes to harvest crops profitably and gain good income from the business. It will help her to save funds for her child's education. She also aims to lift her family out of the poor living conditions they have.

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
  • 355
    View loans »
    Philippines Loans Fundraising
  • $50,755,825
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Anabel to buy fertilizers and insecticides, and to pay for land cultivation for the farming business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 25, 2012
Listed
Nov 9, 2012
Currency Exchange Loss:
Possible
Ended:
May 24, 2013