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Regie is a very hard worker and very dedicated to his source of income. This business was a great help in providing for the needs of his family, so he is being patient and a hard worker. Every day he makes great effort to catch fishes in the river. And to catch plenty of fishes, he is asking for a loan 12,000 pesos to buy a fish net and little boat.

He is very optimistic he can gain a higher income this time.

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
  • 1891
    View loans »
    Philippines Loans Fundraising
  • $61,001,400
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Regie to buy a fish net and little boat.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Dec 18, 2012
Jan 1, 2013
Currency Exchange Loss:
Aug 23, 2013