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Jesus
Jesus is 53-years-old, married to a food vendor and blessed with three children. He manages a farming business, particularly rice farming. With his two hectares farm, he has earned an amount of 120,000 PHP. His profits in this business was spent on school allowances for his son and grandchildren. Due to financial constraints, he would like to use a loan amounting to 50,000 PHP to purchase fertilizers, seedlings, and insecticides. He's hoping that his requested loan will be granted so that he can use his loan and earn more profits.

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
  • 396
    View loans »
    Philippines Loans Fundraising
  • $52,107,900
    Funds lent in using Kiva
  • 43.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Jesus to purchase fertilizers, seedlings and insecticides.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 8, 2013
Listed
Nov 20, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014