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Edgar
Edgar is now 35 years old and single. He aims to become financially stable and have a bright future. To achieve his goals, he cultivates his farm land by planting different varieties of vegetables that he sells in the local community. He wants to increase his production and income to satisfy his necessities, support the education of his younger brothers and save for his future. In this regard, he plans to expand his plantation to ensure a high production. Due to insufficient capital, he is asking for a loan of 7,000 PHP to buy foliar fertilizer and insecticides needed to sustain his vegetable production. He his hoping that this financial assistance will help him improve his farming business and that he will have a plentiful harvest.

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
  • 892
    View loans »
    Philippines Loans Fundraising
  • $54,399,900
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Edgar to buy fertilizer and insecticides for his farm.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 22, 2013