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Erwin
At the very young age of 20, Erwin engaged in planting and harvesting rice for future sale. He has been doing this for over a year. As a farmer working in the Philippines, he earns the average of 60,000 PHP (~$1410) every harvest season. He plants and harvests rice twice a year, every April and November.

Erwin is asking for a loan to buy farm supplies such as seeds, fertilizers, pesticides and insecticides for his farming to improve his crop production. In the future, he hopes to strengthen his business and generate more income from farming to maintain economic stability.

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
  • 1351
    View loans »
    Philippines Loans Fundraising
  • $56,542,450
    Funds lent in using Kiva
  • 42.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Erwin to buy farm supplies such as seeds, fertilizers, pesticides and insecticides.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 24, 2011
Listed
Jul 24, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2011