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Jose
Jose, 50-years-old, is married. The main source of income comes from planting and harvesting rice for sale. He has been in this rice farming business for 24 years. With his last crop, he earned about PHP 25,000.



He is asking a loan of 38,000 PHP to purchase fertilizers and seedlings for his farm. This and future loans from KIVA would be very useful to him as he sees them as the only chance for growing of his business and achieving financial security.

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
  • 1455
    View loans »
    Philippines Loans Fundraising
  • $59,289,200
    Funds lent in using Kiva
  • 42.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Jose to purchase fertilizers and seedlings for his farm.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 13, 2012
Listed
Apr 20, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2012