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Corazon believes that life must go on, whether you fail or succeed. She is 48 years old and sells AVON products. She is lucky to be married to a retired armed forces serviceman of the Philippines and they have three children.
Corazon and her husband work together for the success of their rice farming business. They always pray to the almighty to get a better yield and do their best to achieve this. At present, Corazon needs additional capital to continue operating her farm.
Corazon is asking for a loan of P25,000 to buy seeds, fertilizers and insectides. Her ambition is to continue running her farm, gain income and expand her farm area to increase her income. She would be able to send her children to college and they could finish their studies if she achieves her ambition.

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
  • 320
    View loans »
    Philippines Loans Fundraising
  • $70,648,200
    Funds lent in using Kiva
  • 42.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Corazon to buy seeds, fertilizers and insecticides for rice farming.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Aug 3, 2011
Aug 30, 2011
Currency Exchange Loss:
Oct 18, 2011