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Marcelina is 58 years old with five grown-up children. She lives with her husband, Romeo, in the village of Carikrikkan Sur in the province of Isabela. Marcelina has been in the farming business for eight years with the help of her husband. She is asking for a loan of PHP 18,000 for her business to buy fertilizer and seeds to grow. She hopes that someday she can buy more land in order to meet the needs of 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

  • $7,000
    Average annual income
  • 372
    View loans »
    Philippines Loans Fundraising
  • $70,797,850
    Funds lent in using Kiva
  • 42.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Marcelina to buy fertilizer and seeds to grow.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
At end of term
Mar 16, 2012
Apr 19, 2012
Currency Exchange Loss:
Dec 15, 2012