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Richard
Richard is a farmer within his locality. He is 36 years old, married, and has a child. Richard is determined and working hard to attain success in life. Richard's main crop is rice. He has been planting and harvesting rice to sell for over five years now, with determination to improve his rice crop production and way of life. Richard requested a loan of PHP 15,000 to buy fertilizer and pesticides which will be used in his farming business. He knows that this loan amount will help him in achieving his goals in life.

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
  • 1590
    View loans »
    Philippines Loans Fundraising
  • $59,060,350
    Funds lent in using Kiva
  • 43.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Richard to buy fertilizer and pesticides to use in farming.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 18, 2013
Listed
Sep 27, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014