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The primary source of income for the village where Irene and her family resides is rice farming. She has been involved in this business for 15 years. She helps her husband manage the rice field. Irene hopes to improve their farming practices, which is why she is asking for a loan of 50,000 PHP. She will use this loan to buy fertilizers and pesticides for her rice seedlings. She is hoping that this loan will help increase crop production, and thereby increase her profits. Irene aims to provide a good education for her children. She hopes that someday they will improve their living conditions.

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
  • 2065
    View loans »
    Philippines Loans Fundraising
  • $61,219,850
    Funds lent in using Kiva
  • 40.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Irene to buy fertilizer and pesticide for her rice seedlings.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Nov 16, 2012
Dec 7, 2012
Currency Exchange Loss:
Jun 22, 2013