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Jerry
Jerry is 42 years old, married and has two children. His biggest dream in life is to see his children finish their education and become professionals someday. Because of that, Jerry is working hard in farming to ensure his income. Along with him is his wife who serves as his partner in the business.

He has been 22 years in rice farming and usually, he earns Php 25,000 per harvest season (twice a year). He plans to increase his yield by applying exact amounts of fertilizers, spraying insecticides to avoid pests and applying herbicides to avoid growth of weeds for a better yield.

Jerry is requesting a loan amount of Php 27,000 to buy fertilizers, insecticides, herbicides and rice seeds. He hopes that this loan will help him improve his practices in farming.

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
  • 1509
    View loans »
    Philippines Loans Fundraising
  • $59,194,375
    Funds lent in using Kiva
  • 42.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Jerry to buy fertilizers, insecticides, herbicides and rice seed.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 27, 2011
Listed
Jul 27, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2011