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Romeo
Romeo and his wife have managed a farming business for almost 20 years and they still aim to improve their crop production. Romeo has two children that motivate him to strive harder in making the business grow. Romeo also pays for laborers who help him plant and harvest rice to sell.

Romeo is now asking for 35,000 PHP to buy fertilizers and insecticides used in farming.

With continuous effort, hard work and patience in the business, Romeo is confident that he will achieve a successful farming business for the welfare of his family.

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
  • 998
    View loans »
    Philippines Loans Fundraising
  • $54,447,850
    Funds lent in using Kiva
  • 42.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Romeo to buy fertilizers and insecticides used in farming.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 13, 2012
Listed
Aug 5, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013