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It is in a rural community of Sto.Domingo Bambang, Nueva Vizcaya where Corazon D. and her husband raised their family. They are blessed with three children and they are Edizon, Evelyn and Neressa. The couple is able to provide their three children with good education except with her eldest child who only ended up in high school level. The two youngest are presently working abroad now as care givers while the eldest is a jeepney driver in their Barangay.
The primary source of their income is thru farming. Twice a year, Corazon and her husband are helping each other in tilling their rice field and to further maintain their farming, she wanted to borrow a loan amounting to PHP18, 000 to purchased fertilizers and pesticides. She believes that those farm inputs would make their crops more productive leading to a higher harvest. She hopes to acquire the amount through the support of Kiva lenders. She also believes that by patience and hard work, their business undertakings will someday become successful.

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
  • 419
    View loans »
    Philippines Loans Fundraising
  • $69,606,975
    Funds lent in using Kiva
  • 48.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Corazon additional capital.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Aug 6, 2009
Sep 2, 2009
Currency Exchange Loss:
Jan 15, 2010