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Alexander is a 53-year-old father who has two adult-aged children. He earns about PHP 13,000 per month as a farmer working in the Philippines. Alexander has been growing rice for almost 33 years. He is asking for a loan of PHP 50,000 to purchase needed agricultural supplies such as fertilizers and pesticides.

In the future, Alexander hopes to have a plentiful harvest to earn a higher income for the sake of his family. He is thankful that Kiva lenders offer financial assistance for him to increase his production.

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
  • 329
    View loans »
    Philippines Loans Fundraising
  • $65,925,350
    Funds lent in using Kiva
  • 42.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Alexander to purchase needed agricultural supplies such as fertilizers and pesticides.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Jun 6, 2011
Jul 9, 2011
Currency Exchange Loss:
Nov 18, 2011