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Romeo
Romeo has lived and worked on his farmland for almost 20 years. He is 52 years old, married and a responsible father to his four children. Romeo works in agriculture, particularly in growing corn. He is thankful because his wife helps him in this business and they work well together. According to Romeo, the farming business requires effort, dedication and strength to have a good harvest. Romeo is determined to raise his family's level of living and to improve the quality of the seeds he cultivates in order to get a better price when he sells his crops.

Romeo's income is not enough to buy farm supplies for his business. He would like to ask for financial assistance amounting to PHP 27,000 to buy farm supplies and to pay for labor to transplant his corn field. He hopes that he can get the amount requested to make his dreams come true and to give his children quality education.

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
  • 1504
    View loans »
    Philippines Loans Fundraising
  • $59,164,100
    Funds lent in using Kiva
  • 42.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Romeo to buy farm supplies and to pay for labor.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 27, 2011
Listed
Nov 12, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012