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Jose
Despite the hardships of life, Jose aims to improve their status of living and give his family a better life. He has been a farmer for almost 30 years, planting and harvesting vegetables for sale. Due to the high cost of commodities and school fees, he plans to expand his onion plantation to increase his yields and income in order to support the education of their two children.

Jose is requesting a loan of PHP30,000 to buy fertilizers and pesticides needed for onion production. He mentioned that this loan will help a lot to expand his plantation and hopes that he will be having a plentiful harvest.

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

  • $1175
    Average annual income
  • 984
    View loans »
    Philippines Loans Fundraising
  • $54,447,850
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Jose to buy fertilizers and pesticides needed for onion production.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 18, 2011
Listed
Jan 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 22, 2012