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.
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.