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Ronald
Ronald is a young 28-year-old married man with one infant. He has been engaged in farming business for three years. Ronald is a very loving and patient father. Ronald is asking for a loan of PHP 18,000 to buy fertilizer and pesticide for his farm business. In the future, Ronald hopes that his business will expand, to provide good living conditions 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
  • 1235
    View loans »
    Philippines Loans Fundraising
  • $57,784,900
    Funds lent in using Kiva
  • 43.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Ronald to buy fertilizer and pesticide for his farm business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 4, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 22, 2012