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Manuel
Manuel lives with his wife and five children. He works farming rice, a business he has had for more than 10 years. With the income he earns from his sales, he is able to meet his household expenses.

He is requesting a loan to purchase more seeds, manure and fertilizer and to improve the land that is shown in the photograph so that he can produce a larger quantity of basic grains. This will satisfy his customers so that he can increase his sales and give his family a more stable financial situation.

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
  • 1080
    View loans »
    Philippines Loans Fundraising
  • $54,720,425
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Manuel to purchase more seeds, manure and fertilizer and to improve the land.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 18, 2013
Listed
May 21, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 23, 2013