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Rufino
Rufino is 47 years old, married to Cely and they are blessed with three children. The family lives in Alcala. They plant and harvest rice to sell as source of income. He usually gets an average net income of PHP 15,000 per crop and this is very helpful in sustaining their needs.

Rufino is now taking a loan to invest in developing his crop output. He will buy fertilizers and insecticides for his farm. This will help improve his crop growth and nutrition. He will pay back this loan in full if it will be granted and will continue striving hard for the development of his business and overall welfare of his family.

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
  • 1462
    View loans »
    Philippines Loans Fundraising
  • $59,381,200
    Funds lent in using Kiva
  • 44.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Rufino to buy fertilizers and insecticides for his farm.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Aug 28, 2013
Listed
Sep 11, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 19, 2014