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Erwin
Erwin, 35 years old, is married to a government employee and they are blessed with two children. He manages a corn farm in the village of Maligaya. In the last cropping, his net income was PHP 17,000 for six months.

Erwin is asking for a loan amounting to PHP 40,000 to purchase fertilizer and other farm inputs. He's hoping that his requested loan will be granted, so that he can utilize the loan for his agricultural business.

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
  • 1009
    View loans »
    Philippines Loans Fundraising
  • $54,447,850
    Funds lent in using Kiva
  • 41.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Erwin to purchase fertilizer and other farm inputs for his corn farm.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 11, 2013
Listed
Apr 29, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 25, 2015