Check out some available loans that are similar to this one!
Marilyn
Marilyn lives peacefully with her husband in the village of San Pedro, Alicia. They are blessed with three children. To make a living, Marilyn grows rice and usually harvests twice a year. The harvest season usually falls during the months of April and November. The one-hectare plot of land she has been cultivating for almost 15 years was inherited from her parents. Marilyn goes down to the field early in the morning with her husband to ensure the proper growth of her rice seedlings. Last harvest season, she earned about 30,000 PHP. Marilyn is now asking for a loan of 50,000 PHP to buy fertilizer and pesticide for her farm. She wants to improve her farming practices to bring in a better yield. In the future, Marilyn hopes to improve her rice production and save enough money to provide a brighter future for 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
  • 1445
    View loans »
    Philippines Loans Fundraising
  • $59,259,575
    Funds lent in using Kiva
  • 40.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Marilyn to buy fertilizer and pesticide for her farm.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 16, 2012
Listed
Dec 7, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013