Check out some available loans that are similar to this one!
Larry
Larry manages two hectares (5 acres) of corn and rice field. He is requesting a PHP 28,000 loan from Kiva lenders to purchase agricultural inputs needed on his farm. He will also utilize some of the amount to pay for farm laborers who will help him during the planting season.

Larry is 41 years old and has five children: Rosemarie - 17 years old, a graduate in high school and who now works as a saleslady in Manila; the same with Ronalyn - 16 years old; Rico Yan - 14 years old is a high school sophomore; Ronel - 9 years old, in grade school; and Ruben - 1 year old.

With the assistance of his wife, Wilma May, Larry keeps struggling for the welfare of his family. They are living at Barangay San Vicente of Angadanan, Isabela, a rural and distant place.

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
  • 1255
    View loans »
    Philippines Loans Fundraising
  • $57,883,475
    Funds lent in using Kiva
  • 48.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Larry to use as business capital.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 21, 2009
Listed
Jun 20, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009