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Trifinio
Patience and hard working have been the guiding principles of Trifinio in running his businesses. He is a farmer and motorcycle driver within his local community. Trifinio owns 2.9 hectares of rice field and two motorcycles. He has run his farming business for three years and five years for his transportation business.

One of Trifinio's motorcycle transport is being used by his father in-law while he manage his new unit of motorcycle. He is married with two infant children. Trifinio stands as father and mother to his children due to the absence of his wife. Nowadays, he is in need of additional capital of PHP25,000 because he will pay his hired labor to transplant his rice farm plot, and some will be use to purchase fertilizer and insecticides to maintain the healthy condition of his rice crops. He hopes that his requested loan amount will be granted for him to attain his goal in life.

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
  • 1144
    View loans »
    Philippines Loans Fundraising
  • $54,905,900
    Funds lent in using Kiva
  • 40.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Trifinio to pay labor costs and to buy fertilizer and insecticides for his rice field.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 21, 2013
Listed
Jan 30, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 30, 2013