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Adoracion
Aside from her retailing business, Adoracion also spends her time in managing their farm. She grows corn in their farm. Adoracion is married to a farmer and blessed with four children. She is proud to share that through farming two of her children finished college. Adoracion dreams of seeing her youngest child finish his studies. She will do her best to attain her dream. With regard to her farming business, Adoracion is asking for a loan of P30,000 to buy seeds, fertilizers, and pay for the labor cost in farming. She is hoping to have good weather conditions to have good crops as well.

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
  • 347
    View loans »
    Philippines Loans Fundraising
  • $52,140,900
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Adoracion to buy seeds, fertilizers, and pay for the labor cost in farming.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 11, 2014
Listed
Jul 5, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014