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Lourdes
Lourdes, a hardworking 47-year-old mother of four school-age children, supports her husband in their vegetable production business to ensure a high yield. Due to the high cost of school fees, they need to increase their income to support their children's education. In order to expand vegetable production, Lourders is requesting a loan of P10,000.00 to buy fertilizers and herbicides.



Through this financial assistance, Lourdes believes that they will have a plentiful harvest.

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
  • 468
    View loans »
    Philippines Loans Fundraising
  • $51,043,600
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Lourdes to buy fertilizers and herbicides needed to sustain their vegetable production.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 22, 2013
Listed
Apr 29, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 19, 2013