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Alejandro
Alejandro, 49 years old, is married and blessed with eight children.

He's been in the farming business for almost 21 years. He would like to avail himself of a loan amounting to PHP 50,000 to pay for land preparation. His net income from the last cropping was PHP 45,000 for six months.

He's hoping that his loan request will be granted, so that he can utilize it properly in 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

  • $7,000
    Average annual income
  • 1476
    View loans »
    Philippines Loans Fundraising
  • $59,115,875
    Funds lent in using Kiva
  • 42.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Alejandro to pay for land preparation.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 10, 2013
Listed
Jun 3, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 22, 2013