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Isidro
Isidro is a small framer who lives in Roma Norte. He is married to Norma, and they have two children who attend school. He has been in the business for 25 years and this has made him an expert in this field of work. According to him, he still needs to improve his farming practices so that he will generate more output.

He has insufficient funds, so he wants to borrow P25,000 to buy seeds, fertilizers and insecticides to use in farming. Isidro would like to send his children to college so that someday they will earn a degree and seek better employment.

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
  • 627
    View loans »
    Philippines Loans Fundraising
  • $53,351,650
    Funds lent in using Kiva
  • 44.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Isidro to buy seeds, fertilizers and insecticides to use in farming.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 28, 2011
Listed
Jan 1, 2012
Currency Exchange Loss:
Possible
Ended:
May 21, 2012