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Abraham
Abraham, 55 years old, is married to a housewife and blessed with four school-aged children. The family harmoniously lives in Cabatuan, Isabela. Abraham has been growing rice for almost 20 years. He earned PHP 40,000 at the last cropping.

Abraham is requesting a loan of PHP 38,000 to purchase farm supplies. He is determined to work hard to supplement his family's daily needs. He hopes that Kiva will continue to give him financial assistance to improve his family's status in 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

  • $1175
    Average annual income
  • 308
    View loans »
    Philippines Loans Fundraising
  • $52,723,450
    Funds lent in using Kiva
  • 42.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Abraham to purchase farm supplies.
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