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Eugenio is 37 years old and is married. He lives with his wife and two children, which are his priority in life. Eugenio has fertile land on which he plants rice. Eugenio is an experienced farmer and has been in rice production for 10 years. According to him, he needs to provide maintenance to his crops so that he can produce more sacks of rice and can sell to traders.

He is now asking for a loan of 30,000 PHP to buy inputs for growing rice, such as fertilizers and insecticides.

In the future, Eugenio hopes to earn money for the college education of his children.

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
  • 991
    View loans »
    Philippines Loans Fundraising
  • $63,411,650
    Funds lent in using Kiva
  • 43.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Eugenio to buy inputs for growing rice, such as fertilizers and insecticides.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Nov 15, 2011
Dec 2, 2011
Currency Exchange Loss:
Jun 22, 2012