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Oscar is 42 years old and married with two children. He is engaged in a farming business. The eagerness to uplift his family from poor living conditions is his motivation in performing farming.

Right at this time, he is experiencing a shortage of capital. With regards to this matter, he is seeking a loan of 10,000 PHP (Philippines pesos) to buy seeds, fertilizers and pesticides to improve his farming business. He hopes that his requested loan will help him develop his farming business in order to secure his family's future and have a viable source of income someday.

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
  • 2081
    View loans »
    Philippines Loans Fundraising
  • $61,204,950
    Funds lent in using Kiva
  • 45.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Oscar to buy seeds, fertilizers and pesticides for his rice-farming business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Jan 8, 2014
Jan 21, 2014
Currency Exchange Loss:
Aug 17, 2014