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Edwin
Edwin aims for better yields and higher profits for every crop. He is 49 years old, widowed, and has been blessed with three grown up children. He acts as both a father and mother to his children. In this situation, Edwin's goal is to push him to continue to improve his farming practices to earn a living. Though he experiences hardships and difficulties in maintaining his rice fields, still he gives his best.

One of Edwin's technique in improving his rice production, is by completing the necessary farm inputs for his rice field. "Planting rice crops is not that easy," said Edwin, "because it needs hard labor, dedication, and most of all financial matters."

Edwin would like to borrow PHP 40,000 to buy farm supplies for his rice farming business. He hopes that he can obtain a plentiful harvest and greater profits to improve his living condition and save some for his emergency purposes.

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
  • 312
    View loans »
    Philippines Loans Fundraising
  • $50,732,625
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Edwin to buy farm supplies for his rice farming business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 16, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
Possible
Ended:
May 21, 2012