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Salvador
Salvador is 36 years of age and married with three children. He has grown rice for 10 years and he usually earns P22,000 for every crop.

Salvador is a responsible father who's willing to do everything possible to lift his family from poor living conditions. His wife’s name is Maribel. She raises hogs and helps Salvador cultivate their rice field.

At this moment, Salvador wants to obtain a loan of P50,000 to buy farm input such as fertilizers, rice seedlings and to pay labor costs for planting.

Salvador hopes the loan will lead to a greater rice harvest so he can better provide for his family.

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
  • 1403
    View loans »
    Philippines Loans Fundraising
  • $59,122,500
    Funds lent in using Kiva
  • 43.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Salvador to buy farm input such as fertilizers, rice seedlings and to pay labor costs for planting.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 15, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
Possible
Ended:
May 21, 2012