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George
George, 58 years old, is married and has been blessed with four children. He used to be a driver of a hand tractor but nowadays he chose to be a farmer. He has his own fields where he grows rice. Once it’s harvested he sells it in the market in order to obtain a higher income and be able to cover his household expenses. He is a father who is concerned about his family because at his age, he is still cultivating rice fields to sustain the needs of his family. He would like to expand his rice fields through cultivating the areas which are not yet cultivated.

George is asking for additional capital amounting to P40,000 to buy fertilizer and insecticides to improve his land’s productivity. He hopes that he can improve his rice fields to be able to have good produce and increase his yields.

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
  • 1305
    View loans »
    Philippines Loans Fundraising
  • $57,866,175
    Funds lent in using Kiva
  • 42.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped George to buy fertilizer and insecticides for rice farming business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 28, 2011
Listed
Aug 23, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2011