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Renato is a farmer who lives in Anquiray. He is 47 years old, married and has three children. Like him, his spouse is also a hog raiser. Together, they generate income for the family's sustenance, especially for education needs. He usually earns P 15,000 twice a year during the harvest season.

Renato would like to increase his crop production, which is why he is requesting for a loan of P 20,000. He will use it to buy fertilizer and insecticide for his farming business. With the help of this loan, Renato will make improvements to his crop production, leading to an abundant harvest and more income.

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
  • 802
    View loans »
    Philippines Loans Fundraising
  • $63,345,600
    Funds lent in using Kiva
  • 40.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Renato to buy fertilizer and insecticide for his farming business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Nov 22, 2012
Dec 1, 2012
Currency Exchange Loss:
Aug 23, 2013