Check out some available loans that are similar to this one!
Alex
Alex is a small farmer living at Nabbotuan with his wife and four grown-up children. One is still pursuing a college degree. From the farming business, he acquires about PHP 15,000 during harvest season twice a year.

He is now asking for a loan of PHP 22,000 to maintain good crop growth. He will buy six bags of UREA (fertilizer) and pesticides to use in farming.

Alex hopes to achieve a plentiful harvest every harvest season to save funds to use in times of emergencies, especially because he and his wife are getting weak and old.

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
  • 323
    View loans »
    Philippines Loans Fundraising
  • $52,716,825
    Funds lent in using Kiva
  • 43.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Alex to buy six bags of UREA (fertilizer) and pesticides to use in farming.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 17, 2012
Listed
Jun 1, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012