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Rodencio is 53 years old, married and blessed with five children. He has been engaged in farming rice for almost 31 years. His net income last cropping was 50,000 PHP, and he is asking for a loan of 25,000 PHP to purchase seedlings and fertilizers for his farm. Rodencio hopes to improve his family's living conditions through hard work and support. He hopes to send his young children to college and renovate their house to live more comfortably. He would like to continue to acess loans and hopes Kiva lenders will extend their assistance to him in the future.

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
  • 822
    View loans »
    Philippines Loans Fundraising
  • $63,360,225
    Funds lent in using Kiva
  • 42.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Rodencio to purchase seedlings and fertilizers for his farm.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Jun 15, 2011
Jul 20, 2011
Currency Exchange Loss:
Dec 17, 2011