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Anarose is a hardworking mother who supported her husband in managing their rice farming business. She is now 53 years old and has two grown-up children. They aimed to improve their rice farming business to increase their yields and income to satisfy their necessities and save some for future emergencies. They have been farmers for almost 30 years and usually earn a profits of 25,000 Philippine pesos (PHP) in every harvest season. They usually spent their income for their daily consumption and allowances of their children in school. At this time, they are thankful that their two children have already graduated from college and are already employed. Despite this, Anarose and her husband continue managing their farm to earn a living. She is asking for additional capital of 50,000 PHP to buy fertilizers and pesticides needed for the maintenance of her rice production. They believe that this loan will help them to improve their farming business.

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
  • 396
    View loans »
    Philippines Loans Fundraising
  • $70,831,400
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Anarose to buy fertilizers and pesticides needed for the maintenance of her rice production.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Oct 11, 2012
Nov 4, 2012
Currency Exchange Loss:
May 24, 2013