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Artemio
Artemio is a farmer who lives in Alcala, Cagayan. He is 59 years old and married. He usually earns around PHP 10,000 each harvest season, which is twice a year. He budgets his income as rolling capital in his business and for their household needs.

Artemio would like to further develop the growth of his crops but is lacking financially. This is why he is borrowing a loan of PHP 15,000 to buy fertilizers and insecticides for his farm. He would like to keep improving his farming business and to save funds for future expenses of his family. He also wishes to become a successful corn grower someday.

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
  • 232
    View loans »
    Philippines Loans Fundraising
  • $52,041,500
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Artemio to buy fertilizers and insecticides.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 14, 2013
Listed
Jun 30, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 22, 2013