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Remedios
Remedios and her husband are both farmers who live in a rural community. She is 50 years old and was blessed with four children. Despite the hardship of living, they have the determination to uplift their status of living to give their children a better life. She and her husband aim to improve their farming business to increase their production and income as well as satisfy their necessities. Due to financial difficulty, Remedios is asking for a loan of 8,000 PHP to buy the needed fertilizers to sustain her ginger production. She believes that this loan will help a lot to improve her farming business.

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
  • 231
    View loans »
    Philippines Loans Fundraising
  • $52,041,500
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Remedios to buy the needed fertilizers to sustain her crop production.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 24, 2013
Listed
Apr 28, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2013