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Alfredo is 54 years old. He is a farmer in the Philippines and has been in business for the past 20 years. He was fortunate to earn 10,000 PHP from his last crop harvest. He hopes to increase both his revenue and his crop yield in the future and is requesting a loan in the amount of 25,000 PHP to buy seeds, fertilizers and pesticides. Alfredo said he aims to improve his family's standard of living. Through his untiring work in the field, he hopes to sufficiently provide the necessities of his family.

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
  • 350
    View loans »
    Philippines Loans Fundraising
  • $50,982,700
    Funds lent in using Kiva
  • 43.5
    Philippines Pesos (PHP) = $1 USD
A loan of $600 helped Alfredo to buy seeds, fertilizers and pesticides.
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
May 31, 2012
Jun 4, 2012
Currency Exchange Loss:
Jul 4, 2012