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Marlon
Marlon is a rice grower at Nabbotuan. He had been doing this for over ten years. He is now 36 years old, married, and has three young children. His wife works abroad.

Marlon usually gains about PHP 20,000 each harvest season twice a year. He would like to improve his crop production so he is now asking for a loan of PHP 22,000 to buy herbicides and fertilizers to use in farming. This will help increase his output for additional profits.

In the future, Marlon would like to keep earning funds so that his wife will not be working abroad anymore and to be able to continuously give the best education for all his children.

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
  • 1538
    View loans »
    Philippines Loans Fundraising
  • $56,698,350
    Funds lent in using Kiva
  • 43.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Marlon to buy herbicides and fertilizers to use in farming.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 16, 2012
Listed
Jun 1, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012