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Felipe, 43, is married with four school-aged children. His wife served as a health worker in their village. He has been engaged in growing rice for 21 years. Farming is the primary source of income that his family relies on.

He is asking for a loan of 27,000 PHP to buy fertilizer and rice seeds to be planted in his two hectares of rice fields. Someday, Felipe dreams that his children will finish their education and eventually be employed with stable jobs.

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
  • 301
    View loans »
    Philippines Loans Fundraising
  • $70,667,050
    Funds lent in using Kiva
  • 42.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Felipe to buy fertilizer and rice seeds to be planted in his two hectares of rice fields.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Jun 24, 2011
Jul 25, 2011
Currency Exchange Loss:
Nov 18, 2011