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Stevenson
Stevenson owns and has managed his rice fields for almost 18 years. He is 34 years old, married and has been blessed with two children who are studying.

Stevenson devotes himself to his agricultural business since it is the family's main source of income. He is thankful because his wife is supportive in their business. Stevenson is in charge of taking care of his rice fields while his wife is busy with her hog raising business. The couple works hard to provide for living. According to him, the family's income goes to the allowances, daily needs and some is used to pay for their electricity bills. So for this reason, Stevenson would like to ask for financial assistance amounting to 40,000 PHP which will be used to buy farm supplies and pay for the labor cost of transplanting and sowing crops in his rice fields. This amount would really help him in attaining his goal which to educate his children and improve their living conditions.

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
  • 1290
    View loans »
    Philippines Loans Fundraising
  • $56,327,300
    Funds lent in using Kiva
  • 43.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Stevenson to purchase farm supplies and pay for labor to transplant and sow his rice crops.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 27, 2011
Listed
Nov 13, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 21, 2012