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Redentor
Redentor is an industrious father of four children. With his determination to send all his children to school, he is operating a farming business as a source of income. This business is risky and difficult but he persists in working for the betterment of his family’s living. He dreams of having a comfortable life with his loved ones and of helping to finish his children‘s education.

For this reason, a 31 year-old is requesting a loan of PHP20,000 to buy corn seeds, fertilizers, and pesticides to use to improve his business. With his strong determination and hard work, he hopes that there will be abundant crops so that his family will experience a better life.

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
  • 1341
    View loans »
    Philippines Loans Fundraising
  • $57,860,075
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Redentor to buy corn seeds, fertilizers, and pesticides to develop his business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 24, 2011
Listed
Dec 2, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012