Check out some available loans that are similar to this one!
Melecio
Melecio is a hard-working farmer, who lives at Padul with his wife and two children. The couple manages the farming business and gains 20,000 PHP each harvest season, twice a year. The income derived from the business goes for meals and the expenses of his children at school.

He is now asking for a loan of 25,000 PHP to buy fertilizers and insecticides used in his farming business. It will ensure healthy crops to harvest.

Melecio hopes to acquire abundant harvests and to gain more income for his children's education. He wants each of them to earn a degree and get good employment, someday.

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
  • 376
    View loans »
    Philippines Loans Fundraising
  • $50,745,300
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Melecio to buy fertilizers and insecticides used in his farming business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 25, 2012
Listed
Nov 10, 2012
Currency Exchange Loss:
Possible
Ended:
May 24, 2013