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Prudencio
Born in the village of Villa Luz, in the province of Isabela, Prudencio lives with his wife and their four children. Recognized by the people of his neighborhood as a serious man, Prudencio, a farmer, would like to expand his crop production so that it becomes a viable source of income. To do that, he needs a loan of PHP 50,000 to buy seeds and fertilizer.

The income from it will then help him to cope with the needs of his large family and give all of his children a higher education. Prudencio is very grateful to everyone who can help him achieve his dreams with this loan.

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
  • 398
    View loans »
    Philippines Loans Fundraising
  • $52,107,000
    Funds lent in using Kiva
  • 42.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Prudencio to buy seeds and fertilizer for his farm.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 21, 2012
Listed
Jul 2, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2012