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Rodel
Rodel is a rice grower in Solana. He had been planting and harvesting rice to sell for over 10 years now. He is 40 years old and had two children who attend school. Education is the only legacy he could pass on that is why he strives hard to give the best education to them. He had insufficient funds to maintain his farming business, which is his only source of income. From this, he is asking for a loan of 25,000 PHP to buy inputs to enhance crop production. He will buy fertilizers and pesticides to use in farming.

With a plentiful harvest, Rodel will save more funds for his children's education and keep growing as a successful farmer.

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
  • 1351
    View loans »
    Philippines Loans Fundraising
  • $56,542,450
    Funds lent in using Kiva
  • 40.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Rodel to buy fertilizers and pesticides to use in farming.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 13, 2012
Listed
Jan 30, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2013