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Rommel
Rommel is 34 years old and a farmer from Amulung. He plants and harvests rice to sell as the source of his income. He also pays laborers who help him plant and harvest rice to sell. He has been in his business for over 10 years now.

Rommel is now asking for additional capital of 12,000 PHP (Philippines pesos) to invest in his farmland and achieve a profitable harvest. He will buy fertilizers and insecticides used in farming. This will help improve the growth of his crops.

In the future, Rommel hopes to keep improving his crop production and income to lift his family from poor living conditions.

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
  • 984
    View loans »
    Philippines Loans Fundraising
  • $54,447,850
    Funds lent in using Kiva
  • 40.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Rommel to buy fertilizers and insecticides used in farming.
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