Kiva Loan Helped Angelina to Pay for Gardening Materials Needed in Her Business

Posted: January 30th, 2013 | Author: Leila Heijola | Filed under: Around the World | Tags: , , | No Comments »

We have shared the stories about Rosario in Peru and  Williams in Uganda and how working through Kiva.org is improving their lives. Our third story tells about Angelina who lives in Silang, in Philippines where she and her family have a farm. Silang with over 200 000 inhabitants is approximately 45 kilometres  south of Manila. With the continuous expansion of Manila, the municipality is now part of the Manila’s conurbation. The primary crops grown in the area are coconut, coffee, corn, banana, pineapple, and tree crops like mango, guava, and avocado. Fertile soils and abundant water sources make Silang suitable not only for common commercial crops but also for high value and exotic crops production. Agricultural products are marketed to Manila and neighboring towns.

A loan of USD 750 by Kiva helped Angelina to pay for gardening materials needed in her business like wire and baskets, and supplies such as seed and fertilizer. Profits from her business will  help her to sustain their daily needs and educational expenses of her children. She hopes to have a peaceful life and dreams to give her family a good future.

We invite you to take part in Comptel’s team and help us provide financial services to low-income individuals or to those who do not have access to typical banking services.

By today Angelina has already paid 16% of her loan.