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Rodrigo
Rodrigo is a responsible father who says that, "hard work is the only key to overcoming poverty". He is 54 years old and has four adult-aged children. He works as a farmer raising livestock and in crop production for 30 years now, earning an average net profit of P40,000 per crop season, usually during April and November each year.

To improve his rice production, he is asking for a loan of P15,000 to buy fertilizers, insecticides and pay labor fees for his hired people who work with him in the farm. He hopes to harvest a better yield to increase his income that will be used in acquiring a vehicle for service.

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
  • 1462
    View loans »
    Philippines Loans Fundraising
  • $59,320,525
    Funds lent in using Kiva
  • 42.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Rodrigo to buy fertilizers, insecticides and pay labor fees for his hired laborers.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 14, 2011
Listed
Aug 5, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012