Check out other loans that are currently fundraising!
Salvador
Salvador is 43 years of age and married with two school-aged children. He earns about PHP 10,000 for each crop as a farmer working in the Philippines. He grows corn and has been doing it for over 20 years. Salvador is asking for a loan of PHP 30,000 to buy fertilizers and corn seeds for his farm. He dreams of having high yields to earn profits to educate his children.

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

  • $1175
    Average annual income
  • 905
    View loans »
    Philippines Loans Fundraising
  • $53,402,900
    Funds lent in using Kiva
  • 43.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Salvador to purchase fertilizers and seeds.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 15, 2011
Listed
May 16, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 18, 2011