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Francisco
Francisco is 56 years old and married with three children. He is a loving and hard-working person. He has grown corn for the past 30 years. It is very viable source of income for him because he cares a lot for his farm. As he began to farm, he gradually got used to the work and added a plot of land to grow corn. Now he is requesting a 15,000 PHP loan to buy fertilizer and pesticides to improve his crop production. He wants to provide a better life for his children and be able to feed them well. He continues to move forward to achieve his dream of having a comfortable life. He is hopeful that his loan will result in a more productive farm and that he will be able to continue his business and improve his family's lifestyle.

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
  • $52,849,300
    Funds lent in using Kiva
  • 41.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Francisco to buy fertilizer and pesticides for his crop.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 15, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 22, 2013