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Cesario
Cesario, a 50-year-old married father of five school-aged children, wants all of his children to finish their studies, as this is the only thing of value he can give to them. He has been a farmer for almost 30 years, raising crops and livestock, usually earning a net profit of P 40,000 per harvest season.



Now requesting a loan of P20,000 to buy fertilizers and pesticides for rice production, Cesario's goal is to increase his rice production to earn more income to finance the school fees of his children. He believes that his efforts and sacrifices will someday bear fruit.

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
  • 1309
    View loans »
    Philippines Loans Fundraising
  • $57,977,325
    Funds lent in using Kiva
  • 42.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Cesario to buy fertilizers and pesticides for rice production.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 14, 2011
Listed
Aug 9, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012