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Richard
Richard is a very kind and hard-working person. He lives with his three children and his wife.

He works very hard on his own piece of land where he grows rice. His products are very good quality. His land is in an area of easy access. This is very good for him because his customers are able to go directly to his place.

Richard is requesting a loan in order to have the money he needs to buy agricultural supplies. He will buy things like pesticides and fertilizers. He will also buy manure to improve the land that is shown in the photograph. This is where he wishes to plant his crops.

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
  • 328
    View loans »
    Philippines Loans Fundraising
  • $52,207,900
    Funds lent in using Kiva
  • 41.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Richard to buy things for his business such as pesticides and fertilizers.
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