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Bernabe
Bernabe is 51 years of age and is married. He has three grown children. He is a farmer who dreams of increasing his rice production so that he can generate greater profits every crop season. He has been spending his income on his family's daily needs, such as commodities and food allowances which means that they are very quickly consumed.

Now he is requesting a loan of PHP 20,000 to buy seeds, fertilizers and insecticides for use in his business. He hopes to yield better crops through his purchased inputs for the improvement of their living situation.

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
  • 340
    View loans »
    Philippines Loans Fundraising
  • $52,191,675
    Funds lent in using Kiva
  • 42.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Bernabe to buy seeds, fertilizers and insecticides for use in his business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 6, 2012
Listed
Jul 2, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2012