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Nilda
Nilda operates her three hectares of rice farm land and her livestock business (hog raising and fishpond). It's been 30 years since she started cultivating her rice farm land. She is indeed grateful because through her dedication and wise management, she was able to obtain better yields last season.

Nilda is 48 years old and happily married to a farmer. The couple were blessed with three children. Her eldest is a nursing graduate while the other two still go to school. She aims to support them until they finish their degree courses. For her goal to be realized, she is seeking additional capital of PHP 40,000 which will be used to buy 14 sacks of fertilizer, four litres of insecticides and four sacks of seedlings for her rice farming business. She knows that this loan will have a great impact in making her rice field productive. Nilda hopes that this amount of loan will be granted.

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
  • 1266
    View loans »
    Philippines Loans Fundraising
  • $57,866,175
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Nilda to buy 14 sacks of fertilizer, four litres of insecticides and four sacks of seedlings for her rice farming business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 18, 2013
Listed
Apr 27, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2013