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Emerito
Emerito is a farmer who hopes for good harvests in the farming business. He is 46 years old and has been planting and harvesting rice for over 10 years. He still aims for income increases because his income of about P10,000 every harvest is just not enough to maintain the farming business and to provide sustenance for his family.

Emerito is now asking for a loan of P15,000 to buy fertilizers and pesticides used in farming. This will help nourish his crops. In the future, he hopes to keep improving his farming practices and attain good yields every harvest season for the overall welfare of his family.

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
  • 327
    View loans »
    Philippines Loans Fundraising
  • $52,706,975
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Emerito to buy fertilizers and pesticides used in farming.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 25, 2013
Listed
Apr 9, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 23, 2013