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Atanacio is 45 years of age and blessed with four children. He is satisfied in his work as a farmer. He stated that although he couldn't finish his education, he has a fruitful occupation that serves as a source of income for his family's every need.

He is sending all his children to school and hopes they attain their goals. It is not easy to provide for their educational needs because of the high cost of tuition. However, he works hard and requests a loan of 25,000 PHP to buy inputs to develop his farm. For better results, he needs to buy corn seeds, fertilizers, and insecticides. He also needs to pay for the labor of a co-farmer.

Hopefully, through his sacrifices and hard work, he can attain a better outcome, improve his family's poor living standards, and experience a comfortable 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
  • 1180
    View loans »
    Philippines Loans Fundraising
  • $63,443,275
    Funds lent in using Kiva
  • 43.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Atanacio to buy corn seeds, fertilizers, and insecticides, and pay for labor by a co-farmer.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Nov 24, 2011
Jan 1, 2012
Currency Exchange Loss:
Jun 22, 2012