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Estelita
Estelita is 40 years old and married with three children. She is a responsible and hardworking woman. Estelita's spouse is a farmer and hog raiser within their local community. She is grateful because during the previous crop season, she was able to produce a better rice crop.

With regards to her aim to have a continuously smooth flow of her rice crop production, she is asking for a loan of 30,000 PHP (Philippines pesos), allowing her to buy necessary farm inputs such as fertilizer and insecticides. She knows that through proper application of the necessary farm inputs to her rice farmland, she can further obtain greater yields and income and be able to educate her two children who currently go to school.

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
  • 359
    View loans »
    Philippines Loans Fundraising
  • $52,140,475
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Estelita to buy farm inputs such as fertilizer and insecticides for development of her rice farming business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 19, 2013
Listed
Jun 30, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2013