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Efrenor
Efrenor is a farmer living in Dalaoig with his wife and children. He and his wife plant and harvest corn to sell. They also raise hogs to sell. Efrenor and his family works hard in order make enough money to pay his children's school fees. In the farming business, they usually earn about P30,000 twice a year during harvest season.

He wanted to improve his crop production, so he needs to give enough nutrition to his crops. That is why he is now asking for a loan of P50,000. He will buy fertilizers, insecticides and pesticides to use in his farming.

Efrenor is confident that he will harvest abundant crops because of giving them enough farm inputs.

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
  • 384
    View loans »
    Philippines Loans Fundraising
  • $52,706,975
    Funds lent in using Kiva
  • 41.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Efrenor to buy fertilizers, insecticides and pesticides needed in his farming.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 21, 2013
Listed
Jun 7, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 22, 2013