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Roldan
Roldan, a 29-year-old farmer from Pinopoc, is married and has three children. He grows rice to sell to traders. This business has been the family's source of income for almost six years. His wife works to raise their children. He is asking for this loan to improve his crop production. With enough fertilizers and pesticides, he will give nourishment to his crops. He is asking for PHP 25,000 and promises to pay it back in full.

In the future, Roldan hopes to keep achieving abundant harvests to provide a better way of life to 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

  • $7,000
    Average annual income
  • 1447
    View loans »
    Philippines Loans Fundraising
  • $59,139,875
    Funds lent in using Kiva
  • 41.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Roldan to buy rice seeds, fertilizers and pesticides for use in farming.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 23, 2012
Listed
Nov 4, 2012
Currency Exchange Loss:
Possible
Ended:
May 24, 2013