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Gilbert
Gilbert wants to exceed his profit for his four children. For this reason, he is now asking for a loan amount of PHP 20,000 for additional working capital in his farming business. It would be used to buy seeds to plant, fertilizers, and pesticides. He hopes that his crops will not be destroyed by any devastating insect or typhoon so that he can easily attain his aspiration. His wish is that the income can be used for his family's future as well as saved for continuing his business.

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
  • 880
    View loans »
    Philippines Loans Fundraising
  • $54,410,800
    Funds lent in using Kiva
  • 40.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Gilbert to buy seeds to plant, fertilizers, and pesticides.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 27, 2012
Listed
Jan 7, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013