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Lauriano
Lauriano's family lives in the peaceful village of San Pedro, Alicia. He is married and together they raise five children. The primary source of income from the village comes from planting and harvesting rice for future merchandise. Lauriano has been in this business for almost 20 years. Due to financial instability, he is asking for a loan of PHP 15,000 to buy rice seeds, fertilizers and insecticides used in farming.

Lauriano hopes that with the help of this loan he can improve his farming practices and help increase crop production. With his hard work and determination, he hopes that someday he can also improve his family's living condition.

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
  • 1163
    View loans »
    Philippines Loans Fundraising
  • $54,856,275
    Funds lent in using Kiva
  • 40.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Lauriano to buy rice seeds, fertilizers and 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 7, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013