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Jose
Jose, who is 27 years old, is married with two children. With his young age as a husband and father, he needs to work hard to sustain the needs of his family, especially in saving enough for the education of his children. He wants the best for his children because, for him, education is the only priceless gift he can give them.

Because of financial difficulty, he is asking for a loan amounting to PHP 15,000. He will use it to buy sacks of fertilizer and seeds for his farming business's maintenance and growth.

Somehow, Jose also dreams of building a concrete house for his family, thus really doing the best in farming to improve his yield.

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
  • 1472
    View loans »
    Philippines Loans Fundraising
  • $59,381,875
    Funds lent in using Kiva
  • 43.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Jose to buy sacks of fertilizer and seeds for his farm.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Aug 28, 2013
Listed
Sep 20, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 19, 2014