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Verginia, 54 years old, is married to a bus driver and they are blessed with three children. She has owned and managed a vegetable production business in her village for nearly 30 years. With this business, she earns a net income of PHP 25,000 when they harvest string beans every two months and every four months when they harvest eggplant and squash.

Verginia wants to expand and develop her business. This is why she is asking for a loan of PHP 50,000 to purchase vegetable seedlings for her business. She hopes that her business will continue to grow.

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
  • 2085
    View loans »
    Philippines Loans Fundraising
  • $61,204,950
    Funds lent in using Kiva
  • 43.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Verginia to purchase vegetable seedlings for her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jul 26, 2013
Aug 23, 2013
Currency Exchange Loss:
Apr 16, 2014