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Harold
Harold is willing to work hard every single day to give his family a good quality of life. He has devoted himself to rice production for 15 years. He is now 30 years old, married, and has one school-aged child. His wife is in direct sales, where she offers a collection of personal products in their village. They work hard to provide for their needs and to be able to send their child to school.

Harold is requesting a loan of 40,000 Philippine pesos (PHP) to purchase seed, pesticides and fertilizer for his rice production. He hopes to grow his business and harvest more rice to sell.

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
  • 469
    View loans »
    Philippines Loans Fundraising
  • $51,043,600
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Harold to purchase seed, pesticides and fertilizer for his rice production.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 5, 2011
Listed
Oct 14, 2011
Currency Exchange Loss:
Possible
Ended:
May 28, 2012