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Bernard
Bernard is a proud farmer. He is 28 years old, married, and has one child. His main priority in life is to have a greater profit, so he could provide for all the needs of his family.

Bernard manages one hectare of rice field. He is thankful because his previous loan was used to improve his farmland, enabling him to obtain better profit.

He would like to have continuous improvement of his farming business, so he is requesting additional capital, amounting to 40,000 PHP. This amount will be used to buy fertilizer and insecticide as well as to pay for the labor cost of transplanting and spraying his farmland. Bernard hopes to obtain this loan amount, so he could make his farmland more productive and profitable.

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
  • 963
    View loans »
    Philippines Loans Fundraising
  • $53,430,325
    Funds lent in using Kiva
  • 41.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Bernard to buy fertilizer and insecticide as well as to pay for the labor cost of transplanting and spraying his farmland.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 22, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 28, 2013