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Marietta
Marietta is 52 years old, married and has five children who need daily allowances. Marietta and her spouse inherited a hectare plot of land from her in-laws that they have been cultivating for almost 15 years. They plant and harvest rice to sell to traders. She wants to increase her crop production, but she has insufficient funds, so she is asking for a loan of 25,000 PHP to buy fertilizer and pesticide for her farm. In the future, she would like to ensure good crops and provide a good education for her children.

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
  • 1120
    View loans »
    Philippines Loans Fundraising
  • $54,612,075
    Funds lent in using Kiva
  • 40.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Marietta to buy fertilizer and pesticide for her rice 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