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Prospero Astro
Good management, a degree in Computer Science, plus the desire to own a business are the keys to 37-year-old Prospero Astro's success. With the help of his wife, he established a computer shop in the village 11 years ago, and they work together for its improvement.

With the goal of further expansion of his enterprise, Prospero Astro is requesting a loan of PHP 50,000 to purchase additional computers and accessories and to pay for maintenance. His desire is to provide for all of his family's needs, especially those of his children, both of whom are currently studying.

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
  • 419
    View loans »
    Philippines Loans Fundraising
  • $70,831,400
    Funds lent in using Kiva
  • 43.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Prospero Astro to purchase additional computers and accessories and pay for maintenance.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Mar 12, 2012
Apr 2, 2012
Currency Exchange Loss:
Sep 15, 2012