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At his age of 41, Ignacio still works hard in planting and harvesting rice on his two-hectare rice field. He had been doing it for almost 20 years. Ignacio is an experienced farmer but according to him, he still needs to improve his farming business so that he can save enough funds for the college education of his three children who are still in secondary education.

Ignacio plans to make his business more profitable so he is asking for additional capital to buy three bags of urea and magnum (fertilizer and insecticide) to use in farming. He is asking for PHP 15,000.

Hopefully, he can reach his goal in making his family live fortunately.

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
  • 359
    View loans »
    Philippines Loans Fundraising
  • $70,831,400
    Funds lent in using Kiva
  • 43.8
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Ignacio to buy UREA and MAGNUM (fertilizer and insecticide).
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Dec 16, 2011
Feb 1, 2012
Currency Exchange Loss:
Jul 15, 2012