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Rodolfo
Rodolfo started growing rice crops in 1973. He is grateful because in that long period of time, he was able to send his five children to school, though some of his children didn't finish their bachelor courses. His priority this time is to improve his rice crop production for him to earn bigger profits which will serve his family.

Rodolfo enjoys what he does in improving his rice farm business. Profits gained from his rice farm have been used to repay his obligation to lenders. Since he paid back his obligation successfully, Rodolfo is seeking another loan amount of 27,000 PHP. This amount will be used to buy some farm supplies and to pay for farm plot preparation. He hopes to get this loan amount so he could ensure good nutrition of his farm plot and be able to properly nourish the growth of his seedlings. In this way, he could obtain plentiful yields this next crop season.

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
  • 265
    View loans »
    Philippines Loans Fundraising
  • $50,678,025
    Funds lent in using Kiva
  • 41.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Rodolfo in land preparation of his rice farm plot and to buy farm supplies for his agricultural business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 16, 2012
Listed
Nov 1, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 22, 2013