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Santos
Santos grows rice crops in the village where he lives. The income generated from his farming business has helped his family in terms of buying their food and milk for his two children and other basic necessities.

Santos started his farming business at the age of 16. He is thankful, because his wife is helping him generate income through her homed-based store. Santos hopes to have a stable income so that he can provide for all of their needs, most especially for his two kids.

Santos would like to apply for a loan amount of PHP 15,000 to buy farm supplies for his agricultural business. He knows that his farming business will continue to grow, because of the financial support given to him by ASKI and Kiva lenders.

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
  • 1040
    View loans »
    Philippines Loans Fundraising
  • $57,757,925
    Funds lent in using Kiva
  • 43.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Santos to buy farm supplies for his agricultural business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 23, 2012
Listed
Jun 1, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2012