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Edito
Edito is 47 years old and lives in Annafatan with his wife and nine children. Seven of whom are studying while the other two are too young to attend school. Edito is a farmer growing rice and corn to sell. He had been in the business over 10 years now and he still aims for the improvement of his production because cost of living now is expensive especially as he educates his children.

He is now asking for a loan of P 15,000 to buy crude oil, fertilizers and insecticides used in farming. This will help maintain healthy crops to harvest.

Edito is hoping for an abundant harvest to invest in a hog raising business. He hopes to educate all his children.

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
  • 964
    View loans »
    Philippines Loans Fundraising
  • $54,424,950
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Edito to buy crude oil, fertilizers and insecticides to use on his rice and corn crops.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 5, 2013
Listed
Mar 10, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 23, 2013