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Carlito
Carlito is forty-nine years of age, married, and has four children. Carlito’s wife is a housekeeper. Carlito is a farmer and manages three hectares which he plants with rice. He has been in this business for nearly twenty-three years. Carlito’s goal in life is to uplift his family's standard of living.

Carlito’s way of uplifting his family's standard of living is to strive, work hard and love his work, which is farming. Carlito's income from the business goes on his children's education. He knows that he has no other treasure to give his children other than education.

Carlito is requesting a loan of PHP 50,000 to purchase seeds, fertilizers, herbicides and pay for labor and land preparation. He hopes to get the loan and he will use it wisely to ensure a better future for his family.

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
  • 950
    View loans »
    Philippines Loans Fundraising
  • $53,431,325
    Funds lent in using Kiva
  • 42.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Carlito to purchase seeds, fertilizers, herbicides and pay for the labor and land preparation.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 23, 2012
Listed
May 6, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2012