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Violeta
Violeta is 51 years old and married to Reynante, a farmer. They also have children to support. Violeta helps her spouse to plant and harvest rice to sell. They also hire laborers who help them in the rice field. She usually earns about 15,000 PHP during harvest which occurs twice a year. Her earnings are used for meals and educational expenses. She hopes to increase her farming output which is why she is now asking for a loan of 25,000 PHP to pay for labor and to buy farming inputs including fertilizers and insecticides. It will help improve crop production and increase Violeta's income which will lead to the family's financial 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

  • $7,000
    Average annual income
  • 1246
    View loans »
    Philippines Loans Fundraising
  • $57,844,575
    Funds lent in using Kiva
  • 40.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Violeta to pay for labor and buy farming inputs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 25, 2013
Listed
Apr 5, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 23, 2013