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Patricio
Patricio is 46 years old, married, and has two school-aged children. He is a farmer who is raising his family in a rural community. He cultivates their farmland by planting vegetables, fruits, and root crops for selling. He plans to expand his vegetable production to ensure a higher production. Due to inadequate capital, he is asking for an additional loan of PHP 10,000 to buy the needed seeds, fertilizer, and herbicides to sustain his crop production. He believes that with the financial assistance of KIVA lenders through ASKI, it will enable him to improve his farming business. He hopes that he will have a good harvest and profit for 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
  • 337
    View loans »
    Philippines Loans Fundraising
  • $50,801,300
    Funds lent in using Kiva
  • 40.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Patricio to buy seeds, fertilizers, and herbicides needed in vegetable production.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 23, 2013
Listed
May 12, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 19, 2013