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Joel started to raise crops at the age of 18. At this early age, he used to plant and harvest rice to sell as a source of income. He was not able to go to college and did not even finish his high school education due to lack of finances. Joel is now 20 years old, single, and an industrious man. He lives with his parents at Lanna, Solana, Cagayan.

Joel is now asking for a loan of PHP 40,000 to buy 5 bags of Urea (fertilizer) and rice seeds to grow.

He aims for the progression of his business that will surely lift his family out of poverty. He also aims that someday when he has children, he will strive harder to educate them.

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
  • 715
    View loans »
    Philippines Loans Fundraising
  • $63,241,750
    Funds lent in using Kiva
  • 43.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Joel to buy 5 bags of Urea (fertilizer) and rice seeds used for farming.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Nov 25, 2011
Jan 1, 2012
Currency Exchange Loss:
Jun 22, 2012