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Crisostomo
Crisostomo is harmoniously residing with his wife and two children in their village. He is raising crops to sell, primarily planting and harvesting rice to sell. He has been in this business for almost seven years and still aims for better crop production.

From this, he joined ASKI and is now borrowing a loan of 30,000 PHP to buy farm inputs, such as fertilizers and insecticides, which he will use in farming. He is hoping that his agricultural business will continue to grow abundantly.

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

  • $1175
    Average annual income
  • 973
    View loans »
    Philippines Loans Fundraising
  • $54,456,775
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Crisostomo to buy farm inputs, such as fertilizers and insecticides, that he will use in farming.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 25, 2013
Listed
Nov 13, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 19, 2014