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Imelda
Imelda is 46 years old. She is married and has three children. Imelda and her spouse manage a hectare plot of land on which they cultivate rice. Aside from rice farming, Imelda also raises hogs to sell as an additional source of income. Monthly, she earns about 10,000 Philippine Pesos (PHP).

Imelda hopes to improve her crop production; for this reason, she has asked for a loan of 25,000 PHP to buy fertilizers and pay labor costs for the farming. If the rice crop has enough sustenance, the harvest will be plentiful. From this, Imelda will attain a continuous profit she can use for her children's education, which is her only legacy to them.

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
  • 893
    View loans »
    Philippines Loans Fundraising
  • $54,399,900
    Funds lent in using Kiva
  • 40.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Imelda to buy fertilizers and pay farming labor costs.
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