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Julito is 55 years old and lives with his wife and children in the village. He has been a farmer for over 35 years, and earned PHP 20,000 from previous cropping.

His goal is to further increase his profit. So he has requested a loan of PHP 37,000 to buy rice seeds, fertilizer, and insecticides.

His children also help him, to improve their source of income. Julito hopes through their cooperation and hard work, he will be able to increase his income to upgrade their 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

  • $7,000
    Average annual income
  • 1600
    View loans »
    Philippines Loans Fundraising
  • $60,713,650
    Funds lent in using Kiva
  • 40.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Julito to buy rice seeds, fertilizer, and insecticides for his farm.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Mar 20, 2013
Apr 3, 2013
Currency Exchange Loss:
Sep 19, 2013