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Warlito
"Try and try until you succeed" is the favorite motto of Warlito. Always believing that trying so hard is not a bad idea but a measurement of a successful person after overcoming all his failures but never surrendering to try again and again.

Warlito is 49 years old. He is married with three children. One of his biggest dream is to become one of the successful farmers in the Philippines. His wife and children serve as inspiration in the business.

He is requesting a loan to buy fertilizers and seeds to grow in his rice farm. He will also use some part of the loan to pay for labor fees for those working for him in the field. He further said that this loan will be of big help for him to stop borrowing from traders with high loan interest of five to ten percent each month.

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
  • 1122
    View loans »
    Philippines Loans Fundraising
  • $54,612,075
    Funds lent in using Kiva
  • 42.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Warlito to buy fertilizers and seeds to grow in his rice farm.
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