Check out some available loans that are similar to this one!
I am continuing to dream and not lose hope that someday I will lift my family out of poverty, Ricardo says. Ricardo is full of dreams that push him to work hard and improve his strategies to attain his dreams. Ricardo is 36 years old and is married to a housewife with four children.
Ricardo is requesting a loan of P25,000 to buy hybrid seeds, fertilizers and fuel to use in farming. Ricardo visits his farm daily to assure that his crops are not affected by any disease like neck rot and pests. His target is to earn a higher income.

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
  • 859
    View loans »
    Philippines Loans Fundraising
  • $63,374,250
    Funds lent in using Kiva
  • 42.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Ricardo to buy hybrid seeds, fertilizers and fuel to use in farming.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Aug 3, 2011
Aug 30, 2011
Currency Exchange Loss:
Dec 17, 2011