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Rolando is 45 years old, married with three children and very devoted to his farming business. He is working hard on his farm in order to save for his children’s future. He wants to generate better crops, and that's why Rolando is asking for a loan of PHP 20,000 to purchase seeds, insecticides, fertilizers and to pay labor costs. He hopes for further improvement of his business growth by increasing his yield at harvesting season.

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
  • 1799
    View loans »
    Philippines Loans Fundraising
  • $60,919,225
    Funds lent in using Kiva
  • 43.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Rolando to purchase seeds, insecticides, fertilizers and to pay labor costs.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Nov 21, 2013
Nov 27, 2013
Currency Exchange Loss:
May 17, 2014