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Rafael
Rafael is a 52-year-old farmer who is hardworking and humble. This has allowed him to progress and today he has rice crops.

With the support of this loan, he will purchase agricultural supplies like manure, pesticide, fertilizers, and other things. With these supplies, he will continue to care for his crops so that he will have a better and more productive harvest, which will allow him to increase his income when he sells his products.

Rafael, with his entrepreneurial spirit, strength, and tenacity, would like to continue fighting to achieve his dream, which is to have his own farm where he can grow a better variety of products and improve the profitability of his business. This will provide economic stability so that he can improve his family's quality of life.

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
  • 296
    View loans »
    Philippines Loans Fundraising
  • $50,700,950
    Funds lent in using Kiva
  • 43.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Rafael to purchase agricultural supplies like manure, pesticide, fertilizers, and other things.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 25, 2014
Listed
Aug 20, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 25, 2015