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Joselito
A very responsible and loving father, Joselito is from the village of Maluno Norte. He is 52 years old. Joselito is married with three grown children. Joselito is a farmer. His main source of income is from planting and harvesting corn.

Joselito has been engaged in his business for over 15 years and earns approximately P 10,000 a month. Joselito is requesting a loan of P 15,000 which will be used to purchase additional seeds, seedlings and young crops. He plans to use the additional revenue generated from his business to improve and expand his farm.

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
  • 1399
    View loans »
    Philippines Loans Fundraising
  • $59,123,575
    Funds lent in using Kiva
  • 43.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Joselito to purchase additional seeds, seedlings and young crops.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 14, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 22, 2012