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Benjamin is 57 years old and married. He and his wife are blessed with five children. Benjamin has managed a farming business in his village for the past 38 years and he earned a net income of 42,000 PHP from his last harvest. He usually spends his income to cover his family’s daily expenses and to cover his children’s school fees.

Benjamin is requesting a 25,000 PHP loan to purchase fertilizer and seedlings to sell. In the future, he hopes that his farm will continue to grow productively.

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
  • 795
    View loans »
    Philippines Loans Fundraising
  • $63,345,600
    Funds lent in using Kiva
  • 43.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Benjamin to purchase fertilizer and seedlings to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Jun 19, 2014
Jul 23, 2014
Currency Exchange Loss:
Sep 24, 2015