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Patrick
Patrick is a farmer who is raising his family in a rural community. He is 41 years old and has five school-aged children. Despite the hardship of living, he aims to continue sending his children to school so that they will earn a degree and be employed someday.

To reach this goal, he planned to expand his vegetable plantation to increase his production. Due to inadequate capital, he is asking for a loan of 10,000 PHP to buy fertilizers and insecticides needed to sustain his crop production. Through patience and hard work, he hopes that he will have increased production.

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
  • 979
    View loans »
    Philippines Loans Fundraising
  • $54,509,700
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Patrick to buy fertilizers and insecticides needed to sustain his crop production.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 20, 2013
Listed
Jun 30, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 19, 2013