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Nelson
Nelson is a farmer living in Villa Domingo with his wife Elvie and two young children. The couple manages their rice planting and harvesting business together and have been doing this for 25 years. They harvest twice a year for a yield of about PHP20,000 each harvest season.

Nelson would like to keep making the business profitable so he can pay for his childrens' education. He is now asking for PHP30,000 to buy farm supplies (fertilizers, insecticides) used in farming. Nelson prays for his family's good health and a productive yield from the farming business so he can attain progress for the 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
  • 1455
    View loans »
    Philippines Loans Fundraising
  • $59,117,025
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Nelson to buy farm supplies (fertilizers, insecticides) used in farming.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 16, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013