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Joel
Joel is a farmer and single father of two children. To support his family he has devoted five years of hard work and patience to his rice field. He also sells furniture.


Joel wants to buy fertilizer and pesticides for his field in order to get a better yield this year, but the money put aside for this purpose is no longer sufficient due to his furniture business expenses. For this reason Joel is asking for a 40,000 PHP loan from ASKI.


Joel hopes that his farming and furniture business will continue to grow. He wants to improve his family’s living conditions and save some to give his children a bright future.

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
  • 1462
    View loans »
    Philippines Loans Fundraising
  • $59,251,750
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Joel to buy fertilizer and pesticides for his field.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 29, 2012
Listed
Jun 1, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2012