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With his desire to improve his family's living situation, Gerry has devoted himself full-time to his corn farm business for 25 years. He is 41 years old and is married to a business minded woman. They have five children. His wife works in her sari-sari (convenience) store and sometimes she sells different kinds of fish in the local community. They work hard to give their children a good quality of life and to lift them out of poverty.

Now, he is requesting a loan of PHP 50,000 to purchase seedlings and fertilizers for his corn farm business. He hopes to grow and increase his yield with the help of this loan.

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
  • 384
    View loans »
    Philippines Loans Fundraising
  • $70,831,400
    Funds lent in using Kiva
  • 42.6
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Gerry to purchase seedlings and fertilizers for his corn farm business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Oct 21, 2011
Nov 7, 2011
Currency Exchange Loss:
Jun 22, 2012