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Eduardo is 51 years old. He is married and has three children. To make a living, Eduardo owns and operates a farm raising crops, primarily planting and harvesting corn. Eduardo has been engaged in his business for over 30 years and earns approximately 40,000 PHP with his last crop.

At this time, Eduardo wants a loan of PHP 50,000 to purchase seeds, fertilizers and insecticides for his corn farm business. He dreams that his business will become more productive so that he can give his family a progressive standard of living.

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
  • 1866
    View loans »
    Philippines Loans Fundraising
  • $61,096,775
    Funds lent in using Kiva
  • 43.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Eduardo to purchase seeds, fertilizers and insecticides for his corn farm business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
May 23, 2012
Jul 1, 2012
Currency Exchange Loss:
Nov 19, 2012