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Roberto
Roberto is a 56-year-old father. He is married, and they are blessed with four children. Their main source of income is growing crops and farming rice. He has been in this business for almost 20 years. Roberto and his wife are earning a net income of 25,000 PHP (Philippines pesos) in farming.

Now, he is requesting a loan amounting to 38,000 PHP. He will utilize his loan to purchase fertilizers and seeds to grow in his farm. He hopes to have a good harvest so as to sell it for a good price to improve their standard of living.

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
  • 1079
    View loans »
    Philippines Loans Fundraising
  • $54,720,425
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Roberto to buy fertilizers and seed to grow for his farm business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 26, 2013
Listed
Jul 26, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 19, 2014