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Gilbert
Gilbert, a local farmer from the forest region of Isabela, is 28 years old and married. He grows corn, and his wife sells vegetables, in order to support their children. He has been involved in this business for 20 years.

He is applying for a loan. He used his previous loan to expand his business gradually and to support his family. He has completely repaid his first loan already. His new loan request is for PHP 20,000. He will use the loan to buy fertilizer for his farmland. He expects to receive a high yield so he can earn more income in order to maintain his children's education.

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
  • 1261
    View loans »
    Philippines Loans Fundraising
  • $57,866,175
    Funds lent in using Kiva
  • 41.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Gilbert buy a fertilizer for his farmland.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 13, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
May 24, 2013