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Eduardo
Eduardo lives with his family in the village of Disimuray, Cauayan City, Isabela. He is 50 years old and a father of three children. Two of the children are currently in school. Eduardo is a farmer who grows corn. He has 35 years of experience in this field and, through his harvests, he manages to provide food for their family needs.

At this time, Eduardo is requesting a loan of PHP 40,000 to buy fertilizers and seedlings for his farm business. He plans to use the additional revenue generated from the business to pay the tuition fees of his children.

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
  • 866
    View loans »
    Philippines Loans Fundraising
  • $54,407,775
    Funds lent in using Kiva
  • 42.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Eduardo to buy fertilizer and seedlings for his farm business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 21, 2011
Listed
Nov 9, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 22, 2012