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Jimmy has had 37 years of experience in the rice farming business. His long duration in managing the business improves his techniques to gain more income. His experience as a farmer makes him firm and wise.

Jimmy is 57 years old, married and has three children. Through farming, Jimmy is able to send his children to school. He is happy that all of his children are graduated and hold a degree. His testimony on how he did it is just a combination of love, patience and hard work.

Jimmy is having financial difficulties in sustaining his farm. He has decided to borrow a loan of PHP20,000 to buy fertilizers and seeds for his farm. He believes that he will surpass his problems by borrowing this amount. He hopes that he will succeed as a farmer and small entrepreneur.

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
  • 341
    View loans »
    Philippines Loans Fundraising
  • $65,961,850
    Funds lent in using Kiva
  • 42.7
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Jimmy to buy fertilizers and seeds for his farm.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Jan 30, 2012
Mar 1, 2012
Currency Exchange Loss:
Jun 22, 2012