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Tito is 48 years old, married and has children to look after. He is a farmer, planting and harvesting rice to sell. His family lives in Cagayan. He wanted to achieve better crop production but had insufficient funds as capital. He usually gets about PHP 20,000 used as revolving capital in his farming business to sustain his family's daily needs. He is asking for a loan to buy rice seeds, pesticides and insecticides for his farming. He hopes to continue generating good profits for the general 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
  • 854
    View loans »
    Philippines Loans Fundraising
  • $63,374,250
    Funds lent in using Kiva
  • 44.3
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Tito to buy rice seeds, pesticides and insecticides for his farming.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Aug 28, 2013
Sep 12, 2013
Currency Exchange Loss:
Feb 19, 2014