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Alexander
With his desire to improve his family's living situation, Alexander has devoted himself full-time to his rice farm for ten years. He is 48 years old and is married to Thelma. They have five children. Alexander works hard to give their children a good quality of life and to lift them out of poverty. He is requesting a loan of PHP 25,000 to purchase seedlings and fertilizers for his rice farm. He hopes to grow and increase his yield with the help of this loan.

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
  • 1243
    View loans »
    Philippines Loans Fundraising
  • $57,816,050
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Alexander to purchase seedlings and fertilizers for his rice farm.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 22, 2012
Listed
Jun 1, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2012