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Roberto
Roberto A. is from the village of Brgy. Munguia, Dupax del Norte, Nueva Vizcaya. He is 48 years old. Roberto is married and has five school-aged children. To make a living, Roberto owns & operates a business planting and harvesting rice for sale. Roberto has been engaged in his business for over 25 years and earns approximately 40,000 during harvest season. Roberto said that his earnings in the activities help him a lot in supporting the educational needs of his children.

In 2009, Roberto joined ASKI to gain access to financial services to help improve his living situation and ability to engage in business activities. Roberto has successfully repaid a previous loan of 13,000 PHP from ASKI. This previous loan was used to pay for services to increase crop yield. Roberto is requesting a new loan of 13,000 PHP, which will be used to purchase manure and pesticides. This loan will be the third loan taken out by Roberto from ASKI. He plans to use the additional revenue generated from the business to pay the tuition fees of his children.

About ASKI:

ASKI is one of the most successful microfinance institutions in the Philippines. It has 29 branches covering the Central and Northeastern areas. Its clients are mostly farmers, fisherfolks and small entrepreneurs.

*Note: To maximize efficiency and reduce costs, this loan was posted using a template to automate the translation by Kiva. Given that manual translation of entrepreneur profiles is costly, Kiva created this template for our Field Partner to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.

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
  • 1504
    View loans »
    Philippines Loans Fundraising
  • $59,194,375
    Funds lent in using Kiva
  • 43.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Roberto to purchase manure and pesticides.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 3, 2010
Listed
Sep 28, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011