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Rolando is 55 years old, and he operates a farming business in his village. He lives a simple life with his wife and four children. Every day, he goes into the field and spends all of his time working. Despite the difficulties of farming, he has the courage to persist in earning his family's income.

Rolando is asking for a loan of PHP 25,000 to buy seeds, fertilizers, and insecticides for his farm. He hopes that in the coming season he will produce better crops in order to save for his family as well as 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
  • 1602
    View loans »
    Philippines Loans Fundraising
  • $60,713,650
    Funds lent in using Kiva
  • 43.5
    Philippines Pesos (PHP) = $1 USD
A loan of $600 helped Rolando to buy seeds, fertilizers, and insecticides for his farm.
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
May 31, 2012
Jun 4, 2012
Currency Exchange Loss:
Jul 4, 2012