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Tibon
Tibon is a farmer who is raising his family in a rural community. He is 45 years old and has four school-aged children. Being a responsible parent, he wants to earn enough to provide his children with a good education.


Due to the high cost of commodities and school fees, Tibon plans to expand his vegetable production to increase his yield and income. To realize his plan, he is applying for a 10,000 PHP loan to buy the seed, fertilizer and pesticides needed in vegetable production.


Being a hardworking father, Tibon believes that he will improve his family’s living standards through hard work and financial assistance from lenders.

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
  • 393
    View loans »
    Philippines Loans Fundraising
  • $52,107,900
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Tibon to buy seed, fertilizer and pesticides.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 18, 2013
Listed
Jun 29, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2013