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Robert
Robert is 47 years old, married and blessed with three school-aged children. To make a living, he has been growing corn for almost fifteen years. He earnt 35,000 Phillipine pesos (PHP) at the last cropping. He is requesting a loan of PHP 25,000 to purchase seedlings and fertilizers for his farm business. He is determined to work hard to supplement his family's daily needs. He hopes that Kiva will continue to give him financial assistance to improve his family's status in life.

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
  • 982
    View loans »
    Philippines Loans Fundraising
  • $54,497,425
    Funds lent in using Kiva
  • 43.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Robert to purchase seedlings and fertilizers for his farm business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 14, 2011
Listed
Oct 23, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 22, 2012