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Rodolfo
Rodolfo engages in rice crop production to earn a living and meet his family's needs. He is 49 years old, is married and has five children. He expects to earn and save more income from his business to offer a bright future to his children.

To attain his dream, he plans to maximize his farming business. This leads him to request a loan of 20,000 PHP to purchase rice seeds, fertilizers and insecticides used in farming. In the future, he hopes to acquire more revenue from his rice production in order to feel financially secure.

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
  • 326
    View loans »
    Philippines Loans Fundraising
  • $52,185,750
    Funds lent in using Kiva
  • 42.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Rodolfo to purchase rice seeds, fertilizers and insecticides used in farming.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 24, 2012
Listed
Aug 4, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013