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Roderick
Roderick manages his 1-hectare corn field and a livestock business. He has operated his livestock business for three years. Roderick is married with three children. While he is busy cultivating his corn farm, his wife also enjoys feeding his hogs. They work together to gain a good income for the family's well being, children's education and have a comfortable living condition.

Roderick is now seeking additional working capital of PHP 19,000 that would allow him to buy necessary feed. Some of the loan amount will be used for land preparation of his corn field. He believes that his business will further grow because of his patience and determination in life.

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
  • 294
    View loans »
    Philippines Loans Fundraising
  • $53,116,700
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Roderick to buy necessary feed and for land preparation of his corn field.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 24, 2012
Listed
Nov 8, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 22, 2013