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Agricultural farming is Clarivel's business. She's been in this business for almost 23 years. At the last cropping, she earned a net income of 30,000 PHP. Her profits were a great help for her family, spent primarily on their daily expenses and school allowances of their children. Due to insufficient funds she would like a loan of 35,000 PHP to pay for the land preparation of her farm. She's hoping that her requested loan will be granted so that she can improve her farming 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

  • $7,000
    Average annual income
  • 2087
    View loans »
    Philippines Loans Fundraising
  • $61,189,400
    Funds lent in using Kiva
  • 43.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Clarivel to pay for land preparation of her farm.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Oct 7, 2013
Nov 1, 2013
Currency Exchange Loss:
Jan 25, 2015