Check out some available loans that are similar to this one!
Rodel, 35 years old, is married and they are blessed with three children. Rodel has been growing corn for almost 15 years. Last growing season his net income was 42,000 PHP. He's asking for a loan of 50,000 PHP to purchase fertilizers and seedlings for his farm.

Future loans from KIVA would be invaluable to him as he sees the loans as the only opportunity for progression of his business toward financial security.

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
  • 588
    View loans »
    Philippines Loans Fundraising
  • $69,906,675
    Funds lent in using Kiva
  • 43.2
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Rodel to purchase fertilizers and seedlings for his farm.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Oct 17, 2011
Oct 22, 2011
Currency Exchange Loss:
Jun 22, 2012