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Heronimo
Heronimo, a father of three children, is now 38 years of age and lives happily with his family in Barangay Divisoria. He has been a farmer for 10 years, and every harvest season he is able to get just enough income to provide for the basic needs of his family. He is requesting a loan amounting to PHP15,000 to buy fertilizers and seeds for his farming business. He wants to see his children in comfortable living conditions in the future. Having this loan will someday pave the way to attaining this goal.

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
  • 1464
    View loans »
    Philippines Loans Fundraising
  • $59,151,750
    Funds lent in using Kiva
  • 44.5
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Heronimo to buy fertilizers and seeds for his farming business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Aug 28, 2013
Listed
Sep 12, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 19, 2014