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Arthur is now 42 years old and still single. He is a farmer working in the Philippines and earns PHP 8,000 per month.

Arthur is asking for a loan of PHP 23,000 to purchase the needed fertilizers and pesticides for his farm. He grows rice and has been in rice production for almost 10 years.

In the future, Arthur hopes to have a plentiful harvest in order to earn more income to save for the future. He is so thankful with the Kiva lenders who offer financial assistance for him to increase his crop yields. He hopes that Kiva lenders will continue to assess him so he can continuously yield a plentiful harvest.

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
  • 856
    View loans »
    Philippines Loans Fundraising
  • $63,374,250
    Funds lent in using Kiva
  • 43.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Arthur to purchase the needed fertilizers and pesticides for his farm.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
May 28, 2011
Jun 29, 2011
Currency Exchange Loss:
Nov 18, 2011