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Robert
Robert is from the village of Disimuray. He is 32 years old, married, and has two children. To make a living, Robert plants and harvests corn for sale. He has been engaged in his business for 25 years and earns approximately 30,000 PHP with his last crop. His wife also manages their hog raising business for additional income.

At this time, Robert wants to avail himself of a loan for PHP 35,000 to purchase seeds, fertilizers and insecticides to supplement his farm business. He hopes that KIVA lenders will continue assisting him in the business so that he can further improve it and support his family with basic necessities.

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
  • 1461
    View loans »
    Philippines Loans Fundraising
  • $59,381,200
    Funds lent in using Kiva
  • 43.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Robert to purchase seeds, fertilizers and insecticides to supplement his farm business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 23, 2012
Listed
Jul 1, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2012