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Juanito
Juanito is 51 and married with three school-age children. He lives in a village, planting and harvesting rice and vegetables to sell. He aims to increase his yields and income so he can continue sending his children to school to give them a better life. Due to the high cost of commodities and school fees, he needs to increase his income to cover his family's needs.

Juanito is requesting a loan of PHP 19,000 to buy fertilizers and pesticides and to pay for labor to plant rice. He believes that the loan will enable him to improve his farming business.

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
  • 1380
    View loans »
    Philippines Loans Fundraising
  • $56,542,450
    Funds lent in using Kiva
  • 42.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Juanito to buy fertilizers and pesticides and to pay for labor costs.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 28, 2012
Listed
Apr 17, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012