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Alfredo
Alfredo is a young single man who works as farmer in the village of La Salette in the province of Isabela. He is the one who helps his father on the farm. He is a very responsible son.

Alferdo is asking for a loan of 25,000 Philippines pesos (PHP) to buy fertilizer and corn seed for their farm. Alfredo hopes that their farm will expand so that he can provide the needs of his sister and brother for their studies.

In the future, Alfredo wants to save money to have his own family someday.

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
  • 270
    View loans »
    Philippines Loans Fundraising
  • $52,821,850
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Alfredo to buy seed and fertilizer to grow corn.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 25, 2011
Listed
Nov 19, 2011
Currency Exchange Loss:
Possible
Ended:
May 21, 2012