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Jovito is a married man with three children. He is 41 years old and he has one and half hectares of family farm land. Jovito generates income through planting and harvesting corn for sale. His wife also manages their sari-sari store based in their home for extra income. They both work hard just to keep their children from poor living standards.

At this time, Jovito wants to borrow PHP 30,000 to purchase farm input such as fertilizers and corn seedlings. In the future, he is hoping to grow his business for the betterment of the family's daily living.

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
  • 1454
    View loans »
    Philippines Loans Fundraising
  • $59,151,425
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Jovito to purchase farm input such as fertilizers and corn seedlings.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Nov 10, 2011
Dec 1, 2011
Currency Exchange Loss:
Jan 19, 2013