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Jimmy
Jimmy has been engaged in rice production for 39 years. He aims to achieve a higher yield with every harvest of his crop. The duration of his experience in rice farming makes his strategy more effective as he applies it to his farming activities.

Jimmy is 55 years of age, is married to a loving wife and they are blessed with four children. His priorities in life are to send his children to school through to their completion of college. He said that education is the only treasure that he can give to his children.

Jimmy works hard, continuing to develop his farming strategy in order to attain his aim. Financial difficulty is the hindrance in attaining his aim. Thus, he is requesting a loan of PHP 50,000 to buy herbicides, pesticides and fertilizers to use on his farm. He hopes that applying these inputs will have a positive result for his rice production business.

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
  • $52,172,975
    Funds lent in using Kiva
  • 41.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Jimmy to buy herbicides, pesticides and fertilizers to use on his farm.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 20, 2012
Listed
Aug 1, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012