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Angelino
Angelino is 51 years old and married with eight grown children. He is a farmer working in the Philippines. His wife helps him till their farm lot. He has been raising rice for five years already. He earns approximately PHP 50,000 average net income per cropping or for every five months.

Angelino is applying for a loan amounting to PHP 15,000 that he will use to purchase a variety of rice and fertilizers. He hopes to harvest more crops by the next cropping season. He is doing his best to make further improvement in the business for the welfare of his family.

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
  • 1306
    View loans »
    Philippines Loans Fundraising
  • $57,946,175
    Funds lent in using Kiva
  • 43.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Angelino to purchase a variety of rice and fertilizers.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 13, 2011
Listed
May 15, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 18, 2011