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Rodrigo
Rodrigo is a father of five children. He is engaged in a corn farm business. He has been in this field for five years and earns 38,000 Philippines pesos (PHP) every harvest season. He works hard to give his children a good quality of life and lift them from poor living conditions. At this time, Rodrigo wants a loan of PHP 40,000 to buy corn seedlings and fertilizers and to pay for labor cost for planting. He hopes to grow his business and harvest more corn to sell.

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
  • 1070
    View loans »
    Philippines Loans Fundraising
  • $57,777,750
    Funds lent in using Kiva
  • 43.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Rodrigo to buy corn seedlings and fertilizers and to pay for labor cost for planting.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 29, 2012
Listed
Jul 1, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2012