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Ciriaco
Ciriaco is 51 years old, a college graduate who has not had the privilege to look for better employment due to the employment crisis of the country. But in spite of this, he has still developed his own family through his farming business. As of now, he has four children who are asking assistance from him.

So Ciriaco wants to grow his profit for his children and grandchildren. For this reason, he is now asking for a loan of PHP 25,000 to buy seeds, fertilizers and pesticides. He hopes that his crops will not be destroyed by any disastrous insects or typhoons.

The crops will enable him to earn a higher income that can be used for his family's future as well as to save for continuing his business.

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
  • 1431
    View loans »
    Philippines Loans Fundraising
  • $59,148,800
    Funds lent in using Kiva
  • 43.5
    Philippines Pesos (PHP) = $1 USD
Expired
A loan of $600 helped Ciriaco to buy seeds, fertilizers and pesticides.
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 31, 2012
Listed
Jun 4, 2012
Currency Exchange Loss:
Possible
Expired:
Jul 4, 2012