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Edwardo is a farmer. He is married and has two children. His wife is a homemaker. To make a living, Edwardo patiently raise crops, primarily planting and harvesting rice to sell. He usually yields about PHP 10,000 each harvest season (twice each a year) and spends it on expenses. He would like to increase his income, which is why he is asking for a loan to invest in making his crops fruitful. He is asking for PHP 10,000 to pay for farming labor fees and buy rice seeds and fertilizer.

In the future, Edwardo hopes to become a progressive farmer and lift his family from their poor living condition.

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
  • 881
    View loans »
    Philippines Loans Fundraising
  • $63,374,250
    Funds lent in using Kiva
  • 41.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Edwardo to pay for farming labor fees and buy rice seeds and fertilizers.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Jun 22, 2012
Aug 2, 2012
Currency Exchange Loss:
Nov 19, 2012