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Lucas
Lucas is a farmer of 41 years of age. He has a simple relationship with his wife and he lives in Benito. He has five children. He works growing corn. He learned this from his father when Lucas was little because he helped out in the fields and it was his first job.

Lucas is asking for a loan of PHP 30,000 so he can buy seeds and fertilizer for cultivating and harvesting corn to improve the family's income. His dreams are to expand his cultivation to other farmlands and to provide his children with educations to improve the conditions of life for all his family.

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
  • 1087
    View loans »
    Philippines Loans Fundraising
  • $54,704,675
    Funds lent in using Kiva
  • 41.0
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Lucas to buy seeds and fertilizer for cultivating and harvesting corn.
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