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Lucila
Rice farming is the business of Lucila. She's been in this business for almost 15 years, and has earned a net income in last cropping amounting to PHP 15,000.

Due to insufficient capital, she would like to avail a loan from those generous lenders amounting to PHP 40,000 to purchase fertilizers, seedlings, and insecticides for her farm. She's hoping that her requested loan will be granted so that she can earn more profits to benefit her family.

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
  • 307
    View loans »
    Philippines Loans Fundraising
  • $50,732,625
    Funds lent in using Kiva
  • 43.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Lucila to purchase fertilizers, seedlings, and insecticides for her farm.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 3, 2013
Listed
Nov 1, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014