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Amor
Being a father is to be responsible for supporting and providing for all family needs and giving one's family a better life. Likewise, Amor who is a father of three, aims to improve their standard of living and to give his family a better life. He has been a farmer for almost 38 years planting and harvesting rice for sale. Due to financial difficulty, he has engaged in raising fingerlings (fish hatchlings) to generate additional income.

He aimed to strengthen this business to have a stable source of income. He is asking for an additional capital of P40,000 to buy feed and additional fingerlings to raise. He believes that through this loan, he will able to improve the business as he continues to work hard and manage his business well. He hopes that in the future, he will make the business grow and their life will also improve.

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
  • 293
    View loans »
    Philippines Loans Fundraising
  • $52,091,300
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Amor to buy feed and additional fingerlings (fish hatchlings) to raise.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 7, 2011
Listed
Sep 23, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 16, 2012