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Alex, 35, is married and his wife is his highest priority. He is requesting a loan of PHP 24,000 to buy compost and herbicides, and to pay for labor to maintain and improve his rice field. Alex has plenty of experience in managing this crop. Based on his knowledge, he can obtain the best production results. He wants to take advantage of his crop so that he can provide for himself and his wife. Alex would like to secure his financial future because he currently has difficulty generating income. He is very confident that increasing his rice production will stabilize his financial situation.

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
  • 476
    View loans »
    Philippines Loans Fundraising
  • $69,648,975
    Funds lent in using Kiva
  • 42.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Alex to buy compost and herbicides and to pay for labor to maintain his farm business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Apr 25, 2012
May 8, 2012
Currency Exchange Loss:
Oct 16, 2012