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Casimiro and his family lives at Nabbotuan. He has five children but they live separately from them. To generate an income, he has managed a farming business for almost 20 years. He plants and harvests rice to sell. He also hires laborers who helped him do farming activities.

Casimiro has decided to avail a loan in order to improve his crop production. He is borrowing PHP25,000 to buy fertilizers and pesticides used in farming. He will also pay for labor costs.

Casimiro aspires for a productive harvest and to gain more profits from the business. Additional revenue will be saved for the nfamily's future expenses.

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
  • 865
    View loans »
    Philippines Loans Fundraising
  • $63,390,150
    Funds lent in using Kiva
  • 41.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Casimiro to pay for labor cost, buy fertilizers and pesticides used in farming.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Jul 17, 2012
Aug 7, 2012
Currency Exchange Loss:
Feb 15, 2013