Check out some available loans that are similar to this one!
Wency
Wency is a 34-year-old married man with two children. His primary business is raising rice for ten years. Wency's wife is a store owner. He is really blessed because his wife is supportive in improving their businesses. Aside from his farming business, Wency is also engaged in motorcycle transportation.

Wency plans to buy farm supplies such as fertilizer, insecticides, and herbicides, and some amount will be used to buy gasoline to improve his farming business. He does not have enough capital. In this regard, he is asking for a loan amounting to P30,000. He hopes that he will be able to raise better crops this next crop season so that he could gain a plentiful yield. In this way, he could provide all his family needs and support the education of his two 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
  • 213
    View loans »
    Philippines Loans Fundraising
  • $52,023,300
    Funds lent in using Kiva
  • 43.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Wency to buy farm supplies such as fertilizer, insecticides, and herbicides, and some amount will be used to buy gasoline to improve his farming business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 23, 2012
Listed
Jun 4, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2012