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Myrna
Myrna is a farmer and a responsible mother to her two children. Despite being widowed for six years, Myrna still manages the farming business owned by her late spouse. She hired laborers who helped her to plant and harvest rice to sell. Upon harvest, Myrna is able to earn PHP20,000 twice a year.

Myrna hopes to gain more income and improve crop production, but she had insufficient funds. That is why she is asking for a loan of PHP40,000 to buy insecticides and pesticides used for farming. This will give enough nutrition to her rice crop.

Myrna hopes to achieve a fruitful harvest in order to provide a good education to her children. She hopes to become a successful farmer for the welfare of her children someday.

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
  • 971
    View loans »
    Philippines Loans Fundraising
  • $54,456,775
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Myrna to buy insecticides and pesticides used for farming.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 23, 2013
Listed
Apr 27, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2013