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Eduardo
Eduardo is 23 years of age and married with an infant child. He earns about 25,000 Philippines pesos per month as a farmer working in the Philippines. He grows rice and has been doing it for five years.

Eduardo is asking for a loan to purchase fertilizers and seeds of rice to be planted for his large crop. He dreams that his business will be profitable someday to uplift their living conditions and continuously bestow his family's needs.

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
  • 1235
    View loans »
    Philippines Loans Fundraising
  • $57,800,425
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Eduardo to purchase fertilizers and seeds to be planted in his farm.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 24, 2011
Listed
May 31, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2011