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Margie is a responsible mother of three children who is luckily married to a kind and hardworking man. She is 38 years old, and has been engaged in the farming business for over 23 years. She and her husband run a rice farming business in their village.

Margie wants to get a better yield in every crop in order to be able to sustain their family needs, especially their children's needs in school. She wishes for a loan that will help her provide her needs in farming. Margie decided to borrow a loan of 35,000 PHP to purchase rice seeds to grow, fertilizers and herbicides for plant care. She believes that the loan will have a positive impact in her farming activities.

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
  • 341
    View loans »
    Philippines Loans Fundraising
  • $70,796,875
    Funds lent in using Kiva
  • 42.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Margie to purchase rice seeds to grow, fertilizers and herbicides for plant care.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
May 17, 2012
Jul 2, 2012
Currency Exchange Loss:
Nov 19, 2012