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Mario is a married man with a child. He owns a farm where he plants and harvests rice to sell. He has managed farming for over five years. Mario’s income for every crop depends on the weather conditions. Sometimes, it is also depends on the farm inputs applied, like fertilizers.

Mario has been a member of ASKI and KIVA loan program for over three years, and he is now asking for a loan of PHP39,000 to buy fertilizers and herbicides that he will apply in growing rice. He hopes to get an abundant harvest out from it in the near future.

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
  • 713
    View loans »
    Philippines Loans Fundraising
  • $63,275,575
    Funds lent in using Kiva
  • 43.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Mario to buy fertilizers and herbicides for his growing rice.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Jul 10, 2013
Aug 15, 2013
Currency Exchange Loss:
May 17, 2014