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Mary Jane
Mary Jane is a 25-year-old banana dealer in the village of Mabbayad, Echague. She is married to Erick, a rice farmer and they are blessed with two children. Mary Jane and her husband have been planting bananas for almost two years. Their banana vending business also assisted them in providing for their farming needs. They want to sustain their banana planting and vending so they can have a source of income while waiting for the harvest season for their rice. Mary Jane would like to borrow PHP 7,000 to purchase fertilizers to sustain their banana planting. She believes that this loan will be a great help in her enterprise and also for her to have a sustainable 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
  • 305
    View loans »
    Philippines Loans Fundraising
  • $50,697,350
    Funds lent in using Kiva
  • 44.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Mary Jane to purchase fertilizer to sustain their banana planting.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 23, 2013
Listed
Sep 1, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 22, 2013