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Jay - Ar
Jay-Ar is 37 years old, married and is from Carmencita. He owns a small plot of land where he has been growing rice since 2003. Farming has been his family's main source of income so he has been doing his best to increase his yield. He is asking for a loan of PHP15,000 as additional farming capital to buy fertilizer and seedlings. This loan will be very helpful for him to improve his crop. Eventually, this will help him improve his production when the harvest season comes.

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

  • $7,000
    Average annual income
  • 1244
    View loans »
    Philippines Loans Fundraising
  • $57,844,575
    Funds lent in using Kiva
  • 43.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Jay - Ar to buy fertilizer and seedlings.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 25, 2013
Listed
Jul 27, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 23, 2013