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Rodolfo
Rodolfo is 57 years old, married and thankful because he has been blessed with two children. He has been a farmer for almost twenty years. He usually plants rice and raises hogs to sell. His ambition in life is to improve the quality of living for his family. Sometimes there are problems in his family, but through their strong determination, they survive.

Rodolfo wants to cultivate two hectares of farm land to plant more rice. But he lacks the necessary capital, thus he wants to borrow PHP 25,000 to buy fertilizers, pesticides and corn seeds and to pay for the labour costs required to plant rice. He believes that this loan will help him to make a growth in his business. He is hoping that he will have a plenteous harvest to support his family's daily needs.

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
  • 298
    View loans »
    Philippines Loans Fundraising
  • $52,105,400
    Funds lent in using Kiva
  • 43.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Rodolfo to buy fertilizers, pesticides and corn seeds and to pay for the labour costs required to plant rice.
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:
Jun 22, 2012