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Irene is 34 years old, married and had two children. Her spouse is a farmer, who is always busy planting and harvesting corn to sell. She needs to sustain her crops with farm inputs so that she will harvest them profitably. But she has insufficient funds now, which is why she is asking for a loan of PHP 20,000. She will buy farm inputs (fertilizers and insecticides) used in farming.

In the future, Irene hopes to keep achieving good sales and income to lift her family out of poverty.

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
  • 325
    View loans »
    Philippines Loans Fundraising
  • $70,768,400
    Funds lent in using Kiva
  • 42.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Irene to buy farm inputs (fertilizers and insecticides).
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
May 24, 2013
Jun 10, 2013
Currency Exchange Loss:
Dec 22, 2013