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Villamor
Villamor is requesting a loan of 19,000 Philippine pesos (PHP) to buy seeds, fertilizers and insecticides to use in his farming business. He is 59 years of age and has had this occupation for over 25 years. He earns 20,000 PHP after every six months of hardship. His family is still experiencing insufficiency with his earnings, so he decided to ask for a loan. He wants to take this opportunity because it will allow him to improve his income. He has devoted himself to his business, to working hard and managing responsibly in order to repay his obligation.

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
  • 851
    View loans »
    Philippines Loans Fundraising
  • $54,407,150
    Funds lent in using Kiva
  • 41.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Villamor to buy seeds, fertilizers and insecticides.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Aug 8, 2012
Listed
Aug 12, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013