Check out some available loans that are similar to this one!
Mario
Mario is a father who dreams of having a better way of living.He is a farmer who grows rice crops on his rice farmland. Every crop season, Mario’s goal is to produce a high yield. He always visits his farm to assure that his crop is in good condition.

Having good crops is quite hard, due to some factors such as weather conditions and sometimes fertilizers and herbicides insufficiently applied to the rice field. In this connection,Mario is asking for a loan of PHP 30,000 to buy herbicides, pesticides, and fertilizers for his crops. He will also use the loan to pay for the labor cost of farming. Mario hopes to produce a higher yield and increase his income as well.

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
  • 1232
    View loans »
    Philippines Loans Fundraising
  • $57,817,975
    Funds lent in using Kiva
  • 44.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Mario to buy herbicides, pesticides, and fertilizers for his rice farming business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 27, 2013
Listed
Dec 26, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014