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Elizabeth
Elizabeth is happily married to Zosimo, and they have two children attending school. She is already 50 years old. With her husband, she manages a hectare plot of land on which they plant and harvest rice to sell. Elizabeth wanted to increase her crop production; that is why she is asking for additional capital of 20,000 Philippines pesos to buy fertilizers and insecticides used in the farming business. These farm inputs will help ensure healthy crops to harvest upon maturity.

With the good funds earned, she will save for school fees and someday achieve economic stability.

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
  • 277
    View loans »
    Philippines Loans Fundraising
  • $53,116,700
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Elizabeth to buy fertilizers and insecticides used in the farming business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 25, 2012
Listed
Nov 10, 2012
Currency Exchange Loss:
Possible
Ended:
May 24, 2013