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Reynaldo is a hardworking father engaged in farming in the Philippines. He is 56 years old and is married with one child. He has been into rice farming for eight years now. He brings out the best of him to uplift his family out from poverty through farming.

To strengthen his farming, Reynaldo is asking for a loan to buy fertilizers to ensure good production of rice that he maintains so he can generate sufficient income for his family needs. He further said that this loan will help him grow his farming through the years.

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
  • 869
    View loans »
    Philippines Loans Fundraising
  • $63,400,500
    Funds lent in using Kiva
  • 42.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Reynaldo to buy fertilizers to ensure good production of the rice he maintains.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Jun 28, 2011
Jul 27, 2011
Currency Exchange Loss:
Jan 15, 2012