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Salvador
Salvador is willing to work hard every single day, to give his family a good quality of life. He devotes himself full-time to his corn farm business. He has 10 years' experience in this field. He is 49 years old, married and has four children. His wife helped him to cultivate their farmland to make sure that they would be able to receive and earn a higher income.

For this reason, Salvador wants to borrow a loan of PHP 50,000 to purchase farm inputs such as fertilizers, seedlings and insecticides. He hopes that he can receive the amount that he has requested to further develop his farmland.

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
  • 1462
    View loans »
    Philippines Loans Fundraising
  • $59,362,100
    Funds lent in using Kiva
  • 43.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Salvador to purchase fertilizers, seedlings and insecticides.
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:
May 21, 2012